KVH tops estimates as sales jump 44%

KVH Industries Inc. on Thursday reported a small third-quarter profit that beat analysts’ estimates as sales rose by nearly half from a year earlier.

KVH posted a net profit of $385,000, or 3 cents a share, in the three months ended Sept. 30, compared with a net loss of $812,000, or 6 cents a share, in the same period a year earlier. Revenue rose 44 percent to $22.64 million.

Full Story: KVH tops estimates as sales jump 44% Source: Providence Business News, October 22nd, 2009 Author: Ted Nesi

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