secwatch.observer — SEC 8-K summary
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Issuer:     KVH INDUSTRIES INC DE (KVHI)
CIK:        0001007587
Form:       8-K
Filed at:   2021-07-30T23:59:59+00:00
Accession:  0001007587-21-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KVH Q2 revenue up 17% to $43.4M; adjusted EBITDA turns positive at $1.5M
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- Revenue $43.4M, up 17% from $36.9M in Q2 2020.
- GAAP net loss $5.7M ($0.31/share) vs $3.6M loss; non-GAAP net loss narrowed to $0.8M ($0.05/share).
- Adjusted EBITDA improved to $1.5M from break even in Q2 2020.
- mini-VSAT Broadband airtime revenue +14% to $23.1M; record unit shipments up 87%.
- AgilePlans revenue +54%, now 44% of mini-VSAT Broadband subscriber base.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007587/000100758721000009/0001007587-21-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007587/000100758721000009/kvhi-20210730.htm
  HTML page:      https://secwatch.observer/filing/0001007587-21-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer