KVHI Q1 2024 Earnings — KVH Industries, Inc. Revenue & Financial Results | Market Cap Arena

KVHIKVH Industries, Inc.

$131M

Q1 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$29M-14.3% YoY

Gross Profit

$10M33.9% margin

Operating Income

-$4M-13.0% margin

Net Income

-$3M-10.8% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-5.5%

Cash Flow

Operating Cash Flow

-$792,000

Free Cash Flow

-$3M

Stock-Based Comp.

$522,000

Balance Sheet

Total Assets

$168M

Total Liabilities

$23M

Stockholders' Equity

$145M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29M	$34M	-14.3%
Gross Profit	$10M	$13M	-22.3%
Operating Income	-$4M	-$169,000	-2147.3%
Net Income	-$3M	$367,000	-961.9%

Revenue Segments

Service

$25M86%

Product

$4M14%