KVH lost $133K in 2009 despite 4Q profit

KVH Industries Inc. said Tuesday it lost money in 2009 but saw improvement in the final months of the year as defense sales continued to surge.

KVH posted a profit of $1.85 million, or 13 cents a share, in the three months ended Dec. 31, compared with a profit of $306,000, or 2 cents a share, a year earlier. Revenue rose 24 percent to $26.29 million.

Full Story: KVH lost $133K in 2009 despite 4Q profit Source: Providence Business News, February 10th, 2010 Author: Ted Nesi

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