{"schema_version":"secwatch.filing_event.v1","accession":"0001007587-24-000004","form_type":"8-K","ticker":"KVHI","cik":"0001007587","company_name":"KVH INDUSTRIES INC DE","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.849264+00:00","generated_at":"2026-06-02T21:36:37.947124+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"KVH Q1 revenue down 14% to $29.3M; guides FY24 revenue $117-127M, EBITDA $6-12M","bullets":["Revenue $29.3M (-14% YoY); net loss $3.2M ($0.16/sh) vs net income $0.4M in Q1 2023.","Airtime revenue fell 13% to $23.6M; active vessel base contracted ~4% YoY.","CEO cites LEO disruption; Starlink shipments nearly doubled QoQ; OneWeb and CommBox Edge expected in Q3.","Reorganization to yield ~$9M annualized savings; $2.2M termination costs from RI facility wind-down.","FY24 guidance cut: revenue $117-127M, adj. EBITDA $6-12M; largest customer accelerating Starlink transition."],"urls":{"canonical":"https://secwatch.observer/filing/0001007587-24-000004","json":"https://secwatch.observer/filing/0001007587-24-000004.json","markdown":"https://secwatch.observer/filing/0001007587-24-000004.md","text":"https://secwatch.observer/filing/0001007587-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1007587/000100758724000004/0001007587-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1007587/000100758724000004/kvhi-20240506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T21:36:37.947124+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":"e4a6c99307741e90d403af660d43206b8b5f5d5e","claim":"KVH INDUSTRIES INC DE reported first quarter ended March 31, 2024 results: revenue $29.3 million, net income $3.2 million, EPS $0.16 per share. Guidance lowered.","evidence_excerpt":"call, a replay of the webcast will be available through the company’s website. First Quarter 2024 Highlights • Total revenues decreased by 14% in the first quarter of 2024 to $29.3 million from $34.1 million in the first quarter of 2023. • Airtime revenue decreased $3.5 million, to $23.6 million, or 13%, in the first quarter of 2024 compared to the first quarter of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1007587/000100758724000004/0001007587-24-000004-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$29.3 million"},{"label":"Net income","value":"$3.2 million"},{"label":"EPS","value":"$0.16 per share"},{"label":"Guidance","value":"lowered"},{"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"}