KVH Industries reports Q3 EPS (36c) vs (6c) last year

Reports Q3 revenue $28.5M vs $29M last year. Commenting on the company’s third quarter results, Brent C. Bruun, KVH’s Chief Executive Officer, said, “We delivered a strong third quarter, and our strategic focus on airtime revenue and subscriber growth continues to yield positive results. Highlights of the third quarter included a new record for vessel subscriber growth, record quarterly shipments of communication terminals, sequential and year-over-year service revenue growth, and the acquisition of customer and vendor agreements and other assets from a satellite services provider operating in the Asia-Pacific region.”