KVHI Q2 2023 Earnings — KVH Industries, Inc. Revenue & Financial Results | Market Cap Arena

KVHIKVH Industries, Inc.

$131M

Q2 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$34M-2.8% YoY

Gross Profit

$12M35.2% margin

Operating Income

$172,0000.5% margin

Net Income

$773,0002.3% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$952,000

Stock-Based Comp.

$578,000

Balance Sheet

Total Assets

$191M

Total Liabilities

$31M

Stockholders' Equity

$161M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$35M	-2.8%
Gross Profit	$12M	$14M	-16.4%
Operating Income	$172,000	-$1M	+116.5%
Net Income	$773,000	-$1M	+153.5%

Revenue Segments

Mobile Connectivity

$29M100%