Communication firm KVH Q3 revenue drops

Reuters

Nov 06, 2025

Communication firm KVH Q3 revenue drops

Overview

KVH Q3 2025 revenue down 2% yr/yr due to decreased product sales
Adjusted EBITDA for Q3 2025 misses analyst expectations
Net loss in Q3 2025 was $6.9 mln, impacted by inventory write-down

Outlook

KVH notes increased competition from low-cost alternatives and LEO providers

Result Drivers

LEO SERVICES GROWTH - Airtime revenue increased due to strategic focus on low-earth orbit services, despite U.S. Coast Guard contract downgrade
SUBSCRIBER GROWTH - Record 11% increase in subscribing vessel count to approximately 9,000, driven by strategic focus on airtime revenue
INVENTORY WRITE-DOWN - $5.5 mln inventory write-down due to reduced demand for hardware products and price reductions for TracNet H-series terminals

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 EPS		-$0.36
Q3 Adjusted EBITDA	Miss	$1.40 mln	$2.66 mln (1 Analyst)
Q3 Operating Expenses		$9.50 mln

Press Release: ID:nGNXwq5kL

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2581806706"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2581806706\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2581806706?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-06 20:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2581806706","market":"us","top_or_hot":-1,"title":"Communication firm KVH Q3 revenue drops","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Communication firm KVH Q3 revenue drops</title></head><body><p><span>Overview</span></p><ul><li><p>KVH Q3 2025 revenue down 2% yr/yr due to decreased product sales</p></li><li><p>Adjusted EBITDA for Q3 2025 misses analyst expectations</p></li><li><p>Net loss in Q3 2025 was $6.9 mln, impacted by inventory write-down</p></li></ul><p><span>Outlook</span></p><ul><li><p>KVH notes increased competition from low-cost alternatives and LEO providers</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>LEO SERVICES GROWTH - Airtime revenue increased due to strategic focus on low-earth orbit services, despite U.S. Coast Guard contract downgrade</p></li><li><p>SUBSCRIBER GROWTH - Record 11% increase in subscribing vessel count to approximately 9,000, driven by strategic focus on airtime revenue</p></li><li><p>INVENTORY WRITE-DOWN - $5.5 mln inventory write-down due to reduced demand for hardware products and price reductions for TracNet H-series terminals</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 EPS</p></td><td></td><td><p>-$0.36</p></td><td></td></tr><tr><td><p>Q3 Adjusted EBITDA</p></td><td><p>Miss</p></td><td><p>$1.40 mln</p></td><td><p>$2.66 mln (1 Analyst)</p></td></tr><tr><td><p>Q3 Operating Expenses</p></td><td></td><td><p>$9.50 mln</p></td><td></td></tr></tbody></table><p>Press Release: <span>ID:nGNXwq5kL</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Communication firm KVH Q3 revenue drops</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCommunication firm KVH Q3 revenue drops\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-06 20:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Communication firm KVH Q3 revenue drops</title></head><body><p><span>Overview</span></p><ul><li><p>KVH Q3 2025 revenue down 2% yr/yr due to decreased product sales</p></li><li><p>Adjusted EBITDA for Q3 2025 misses analyst expectations</p></li><li><p>Net loss in Q3 2025 was $6.9 mln, impacted by inventory write-down</p></li></ul><p><span>Outlook</span></p><ul><li><p>KVH notes increased competition from low-cost alternatives and LEO providers</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>LEO SERVICES GROWTH - Airtime revenue increased due to strategic focus on low-earth orbit services, despite U.S. Coast Guard contract downgrade</p></li><li><p>SUBSCRIBER GROWTH - Record 11% increase in subscribing vessel count to approximately 9,000, driven by strategic focus on airtime revenue</p></li><li><p>INVENTORY WRITE-DOWN - $5.5 mln inventory write-down due to reduced demand for hardware products and price reductions for TracNet H-series terminals</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 EPS</p></td><td></td><td><p>-$0.36</p></td><td></td></tr><tr><td><p>Q3 Adjusted EBITDA</p></td><td><p>Miss</p></td><td><p>$1.40 mln</p></td><td><p>$2.66 mln (1 Analyst)</p></td></tr><tr><td><p>Q3 Operating Expenses</p></td><td></td><td><p>$9.50 mln</p></td><td></td></tr></tbody></table><p>Press Release: <span>ID:nGNXwq5kL</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KVHI","symbol_name":"KVH通信","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251106:nL1N3WI0KL:1","article_id":"2581806706","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581806706","pubTimestamp":1762431975,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Communication firm KVH Q3 revenue dropsOverviewKVH Q3 2025 revenue down 2% yr/yr due to decreased product salesAdjusted EBITDA for Q3 2025 misses analyst expectationsNet loss in Q3 2025 was $6.9 mln, ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KVHI":"KVH通信","BK4020":"通信设备"},"translate_title":"通信公司KVH第三季度收入下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KVHI":0.9},"content_text":"Communication firm KVH Q3 revenue dropsOverviewKVH Q3 2025 revenue down 2% yr/yr due to decreased product salesAdjusted EBITDA for Q3 2025 misses analyst expectationsNet loss in Q3 2025 was $6.9 mln, impacted by inventory write-downOutlookKVH notes increased competition from low-cost alternatives and LEO providersResult DriversLEO SERVICES GROWTH - Airtime revenue increased due to strategic focus on low-earth orbit services, despite U.S. Coast Guard contract downgradeSUBSCRIBER GROWTH - Record 11% increase in subscribing vessel count to approximately 9,000, driven by strategic focus on airtime revenueINVENTORY WRITE-DOWN - $5.5 mln inventory write-down due to reduced demand for hardware products and price reductions for TracNet H-series terminalsKey DetailsMetricBeat/MissActualConsensus EstimateQ3 EPS-$0.36Q3 Adjusted EBITDAMiss$1.40 mln$2.66 mln (1 Analyst)Q3 Operating Expenses$9.50 mlnPress Release: ID:nGNXwq5kLFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}