secwatch.observer — SEC 8-K summary
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Issuer:     KVH INDUSTRIES INC DE (KVHI)
CIK:        0001007587
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001007587-25-000020
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KVH Q3 revenue $28.5M (-2% YoY); net loss $6.9M on $5.5M inventory write-down
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- Revenue $28.5M, down 2% YoY but up 7% sequentially; airtime revenue $23.5M (+12% seq).
- Net loss $6.9M ($0.36/sh) vs $1.2M last year; includes $5.5M inventory write-down.
- Non-GAAP adjusted EBITDA $1.4M vs $2.9M Q3 2024.
- Subscribing vessels up record 11% sequentially to ~9,000; LEO airtime >40% of total airtime.
- Sold 75 Enterprise Center for $7.8M net cash; $0.3M loss on disposal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1007587/000100758725000020/0001007587-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1007587/000100758725000020/kvhi-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001007587-25-000020

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