KVH Industries (KVHI, Financial) experienced a significant stock movement with a 5.05% increase in its share price. The stock is currently priced at $4.99 per share with a trading volume of 42,813 shares, reflecting a turnover rate of 0.22% and a price volatility of 7.90%.
According to the latest financial reports, KVH Industries reported revenue of $28.67 million and a net loss of $2.38 million. The earnings per share stood at a negative $0.12, and the gross profit was $8.80 million. The company's price-to-earnings ratio is -4.29.
No institutional ratings or recommendations for buying, holding, or selling KVHI stock are currently available. In the broader communications sector, stock prices have generally increased by 1.35%. A few related stocks, including Ondas Holdings Inc., Applied Optoelectronics, and EchoStar Communications, have also seen notable gains.
KVH Industries provides end-to-end services that include software and hardware solutions for internet and entertainment access. The company serves diverse markets such as maritime, hospitality, and retail, offering business-licensed entertainment services, including news, sports, music, and movies. KVH Industries operates globally, with significant revenue contributions from regions like Singapore, Canada, the EU, and other parts of Europe, Africa, the Asia-Pacific region, the Middle East, and India.
