KVH Industries (KVHI, Financial) recently experienced a significant stock price increase of 5.33%, bringing the share price to $5.53. The trading volume reached 75,035 shares with a turnover rate of 0.38% and a price fluctuation of 4.57%.
The latest financial reports reveal that KVH Industries generated a revenue of $28.97 million, with a net loss of $1.20 million, resulting in an earnings per share of -$0.06. The company's gross profit stood at $9.17 million, and it currently has a negative price-to-earnings ratio of -5.56. No institutional ratings for buying, holding, or selling the stock are presently available.
Within the communications sector, where KVH Industries operates, the overall industry saw a decline of 0.82%. However, several related stocks showed notable performance. Commscope Holding Company, Inc., Cambium Networks Corporation, and Ceragon Networks experienced significant gains. Meanwhile, Actelis Networks, Inc., Akoustis Technologies, Inc., and Siyata Mobile, Inc. were particularly active, with turnover rates of 19.17%, 14.65%, and 10.14%, respectively. Ondas Holdings Inc., Vislink Technologies, and Akoustis Technologies, Inc. exhibited substantial price fluctuations of 16.91%, 16.59%, and 15.61%, respectively.
KVH Industries provides integrated end-to-end services, software, and hardware, facilitating customer access to internet, network phone, operational content, and entertainment services. The company serves commercial and leisure clients in maritime, hospitality, and retail markets, offering licensed entertainment services such as news, sports, music, and movies. KVH Industries operates internationally, with revenue streams from regions including Singapore, Canada, the EU, other European countries, Africa, Asia-Pacific, the Middle East, and India.
