KVHI Q2 2024 Earnings — KVH Industries, Inc. Revenue & Financial Results | Market Cap Arena

KVHIKVH Industries, Inc.

$131M

Q2 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$29M-14.6% YoY

Gross Profit

$9M31.1% margin

Operating Income

-$3M-10.1% margin

Net Income

-$2M-8.3% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

-2.0%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$17M

Stock-Based Comp.

$722,000

Balance Sheet

Total Assets

$169M

Total Liabilities

$26M

Stockholders' Equity

$143M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29M	$34M	-14.6%
Gross Profit	$9M	$12M	-24.8%
Operating Income	-$3M	$172,000	-1779.7%
Net Income	-$2M	$773,000	-407.4%

Revenue Segments

Service

$25M86%

Product

$4M14%