KVH Industries Q2 2024 GAAP EPS $(0.12) Misses $(0.09) Estimate, Sales $28.673M Miss $30.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
KVH Industries (NASDAQ:KVHI) reported Q2 2024 GAAP EPS of $(0.12), missing the $(0.09) estimate. Sales were $28.673M, below the $30.000M estimate and down 16.09% from last year.
August 01, 2024 | 11:21 am
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KVH Industries reported Q2 2024 GAAP EPS of $(0.12), missing the $(0.09) estimate by 33.33%. Sales were $28.673M, missing the $30.000M estimate by 4.42% and down 16.09% YoY.
The significant miss on both EPS and sales estimates, along with a notable year-over-year decline in sales, is likely to negatively impact KVHI's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100