{"schema_version":"secwatch.filing_event.v1","accession":"0001007587-23-000003","form_type":"8-K","ticker":"KVHI","cik":"0001007587","company_name":"KVH INDUSTRIES INC DE","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.564882+00:00","generated_at":"2026-06-15T19:11:18.624825+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"KVH Industries Q1 revenue up 2% to $33.7M, nearly break-even vs $4.3M loss YoY","bullets":["Revenue $33.7M (+2% YoY); VSAT airtime revenue $27.0M (+13%); subscribers up 13% to 7,000.","Net loss from continuing ops $12K (<$0.01 per share) vs $4.3M loss ($0.23) in Q1 2022.","Non-GAAP adjusted EBITDA $3.3M vs $1.8M YoY; operating expenses down $4.1M to $12.9M.","Product revenues fell 25% to $4.9M; service revenues rose $2.2M to $28.7M.","No debt and strong balance sheet; management highlights subscriber and airtime growth initiatives."],"urls":{"canonical":"https://secwatch.observer/filing/0001007587-23-000003","json":"https://secwatch.observer/filing/0001007587-23-000003.json","markdown":"https://secwatch.observer/filing/0001007587-23-000003.md","text":"https://secwatch.observer/filing/0001007587-23-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1007587/000100758723000003/0001007587-23-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1007587/000100758723000003/kvhi-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T19:11:18.624825+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ac45b564552061069e6bc1b11148df29a2a7b6d6","claim":"KVH INDUSTRIES INC DE reported first quarter ended March 31, 2023 results: revenue $33.7 million, net income $12 thousand, EPS less than one cent per share.","evidence_excerpt":"First Quarter 2023 Highlights • Total revenues from continuing operations in the first quarter of 2023 were $33.7 million, up 2% from $33.2 million in the first quarter of 2022. • Our VSAT airtime revenue increased $3.0 million, to $27.0 million, or 13%, in the first quarter of 2023 compared to the first quarter of 2022, partially due to a 13% increase in total subscribers. • Net loss from continuing operations in the first quarter of 2023 was $12 thousand, or less than one cent per share, compared to net loss from continuing operations of $4.3 million, or $0.23 per share, in the first quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1007587/000100758723000003/0001007587-23-000003-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$33.7 million"},{"label":"Net income","value":"$12 thousand"},{"label":"EPS","value":"less than one cent per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}