secwatch.observer — SEC 8-K summary
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Issuer:     KVH INDUSTRIES INC DE (KVHI)
CIK:        0001007587
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001007587-25-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KVH Q1 revenue down 13% to $25.4M; net loss narrows to $1.7M
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- Total revenue $25.4M vs $29.3M YoY; airtime revenue fell $3.5M to $20.0M.
- Net loss $1.7M ($0.09/share) improved from $3.2M loss ($0.16) in Q1 2024.
- Non-GAAP adjusted EBITDA dropped to $1.0M from $2.0M YoY.
- Record LEO terminal shipments >1,300 units; active vessels >7,400 all-time high.
- U.S. Coast Guard contract downgrade reduced airtime by $2.5M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007587/000100758725000005/0001007587-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007587/000100758725000005/kvhi-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001007587-25-000005

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