KVH Industries reports Q2 EPS 5c vs (12c) last year

Reports Q2 revenue $26.6M vs $28.7M last year. Commenting on the company’s second quarter results, Brent C. Bruun, KVH’s Chief Executive Officer, said, “Our second quarter results reflect our ongoing efforts to transform our business model and operations despite challenging industry conditions. Compared to the first quarter of this year, revenues were up $1.2 million, adjusted EBITDA increased $1.7 million, and cash grew by $7.3 million.”