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KVH Industries reports lower earnings, stock drops, but forecasts hope with Starlink integration.
KVH Industries, a company that makes mobile connectivity solutions, recently reported a loss in quarterly earnings, missing estimates by $0.09 per share.
The stock price fell $0.35 to $5.39 after the earnings report.
Despite a 14% drop in quarterly revenue to $26.9 million, KVH's CEO highlighted progress integrating Starlink technology, with 2,300 activations in 2024.
For 2025, KVH forecasts revenue between $115 million and $125 million.
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KVH Industries reporta menores ganancias, caídas de acciones, pero pronostica esperanza con la integración Starlink.