KVHI Q1 2023 Earnings — KVH Industries, Inc. Revenue & Financial Results | Market Cap Arena

KVHIKVH Industries, Inc.

$131M

Q1 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$34M+3.0% YoY

Gross Profit

$13M37.4% margin

Operating Income

-$169,000-0.5% margin

Net Income

$367,0001.1% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-5.2%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$9M

Stock-Based Comp.

$296,000

Balance Sheet

Total Assets

$191M

Total Liabilities

$33M

Stockholders' Equity

$158M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$33M	+3.0%
Gross Profit	$13M	$13M	-0.4%
Operating Income	-$169,000	-$4M	+96.0%
Net Income	$367,000	-$5M	+107.8%

Revenue Segments

Mobile Connectivity

$29M100%