kvh industries inc
(KVHI:Consolidated Issue Listed on Nasdaq Glbl Slct Mrkt)
kvh industries inc (KVHI) Snapshot
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Open
$13.55
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Previous Close
$13.45
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Day High
$13.68
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Day Low
$13.23
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52 Week High
02/8/13 - $15.00
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52 Week Low
05/23/12 - $8.51
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Market Cap
211.6M
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Average Volume 10 Days
29.0K
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EPS TTM
$0.46
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Shares Outstanding
15.5M
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EX-Date
--
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P/E TM
29.7x
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Dividend
--
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Dividend Yield
--
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KVH Industries, Inc. engages in the design, development, manufacture, and marketing of mobile communication products for the marine, land mobile, and aeronautical markets primarily in the Americas, Europe, and Asia. The company also offers navigation, guidance, and stabilization products for the defense and commercial markets. Its mobile communications products and airtime services include TracVision, a satellite television system; TracPhone, a two-way satellite communications system; mini-VSAT Broadband, a broadband mobile satellite communications network; and CommBox, a network management hardware and software; digital compasses under Azimuth and Sailcomp names; and TACNAV tactical navigation systems, which enable customers to receive voice, Internet, and live digital television services in marine vessels, recreational vehicles, automobiles, and commercial airplanes. The company’s guidance and stabilization products consist of precision fiber optic gyro-based systems that stabilize platforms, such as gun turrets, remote weapon stations, and radar units; and provide guidance for munitions, as well as tactical navigation systems for a range of military vehicles, including tactical trucks and light armored vehicles. Its guidance and stabilization products are used in precision mapping, dynamic surveying, autonomous vehicles, train location control and track geometry measurement systems, industrial robotics, and optical stabilization. The company sells its mobile communications products through an international network of retailers, distributors, and dealers; and guidance and stabilization products directly to the United States and allied governments, and government contractors, as well as through an international network of authorized independent sales representatives. KVH Industries, Inc. also leases its products directly to end users. The company was founded in 1978 and is headquartered in Middletown, Rhode Island.
kvh industries inc (KVHI) Top Compensated Officers
kvh industries inc (KVHI) Key Developments
To consider acquisition of Headland Media Limited
KVH Industries Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, net sales were $39.927 million against $26.728 million a year ago. Income from operations was $2.502 million against loss from operations of $1.477 million a year ago. Income before income tax expense was $2.618 million against loss before income tax benefit of $1.419 million a year ago. Net income was $1.963 million or $0.13 per diluted share against net loss of $1.375 million or $0.09 per diluted share a year ago. Capital expenditures were approximately $800,000. For 2013, the company continue to hold guidance for top line growth for the year to be in the range of 10% to 17%, which equates to $151 million to $160 million in revenue. Operating margin in the range of approximately 4% to 8%. The company are projecting that annual effective tax rate will be 35% or higher, subject to the effect of unforeseen discrete items, resulting in a 39% tax rate for the remaining nine months of the year. The net result holding to previous EPS guidance for the full year, which expect to be in the range of $0.37 to $0.48 per diluted share. Capital expenditures for the year to be in the range of $6 million to $7 million. Revenue in 2013, 65% of that is expected to be product. Revenues will be in the range of $151 million to $160 million. For the second quarter of 2013, The company expects revenue to be in the range of $39.5 million to $41.5 million, up 23% to 30% compared to the second quarter last year and expect both mini-VSAT Broadband and guidance and stabilization businesses to achieve strong year-over-year growth. Operating margin to show significant improvement year-over-year, and expect net income in the range of $0.08 to $0.12 per diluted share compared to a net income per diluted share of $0.03 in the second quarter of 2012.
KVH Industries Inc., Q1 2013 Earnings Call, May 03, 2013
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Industry Analysis
KVHI
Industry Average
| Valuation | KVHI | Industry Range |
| Price/Earnings | 29.5x |
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| Price/Sales | 1.3x |
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| Price/Book | 1.9x |
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| Price/Cash Flow | 30.2x |
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| TEV/Sales | 1.0x |
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Post a JobJobs
- Middletown, RI | KVH IndustriesPosted: May 13
- Middletown, RI | KVH IndustriesPosted: May 13
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