KVH Reports Second Quarter Earnings
August 5, 2024
The company posted a 15% decline in revenues as the “maritime communications industry continues to undergo significant changes.”
The company posted a 15% decline in revenues as the “maritime communications industry continues to undergo significant changes.”
Total revenues of $34.2 million were down 1% compared with the second quarter of 2022.
The new communications system provides connectivity up to 20 miles offshore in more than 150 countries.
Longtime telecom financial executive Roger A. Kuebel assumes the position that COO Brent Bruun had held in an interim capacity.
The co-founder of KVH Industries, and its longtime senior vice president of R&D, was 62.
The company recently shipped its 9,000th mini-VSAT broadband system.
The company posted a 15% decline in revenues as the “maritime communications industry continues to undergo significant changes.”
Total revenues of $34.2 million were down 1% compared with the second quarter of 2022.
The new communications system provides connectivity up to 20 miles offshore in more than 150 countries.
Longtime telecom financial executive Roger A. Kuebel assumes the position that COO Brent Bruun had held in an interim capacity.
The co-founder of KVH Industries, and its longtime senior vice president of R&D, was 62.
The company recently shipped its 9,000th mini-VSAT broadband system.
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