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KVH Industries Inc Issues Q2 2013 Guidance; EPS Guidance Below Analysts' Estimates; Reaffirms FY 2013 Guidance

Friday, 3 May 2013 07:00am EDT 

KVH Industries Inc announced that for second quarter of 2013, it expects revenue to be in the range of $39.5 million to $41.5 million, up 23% to 30% compared to the second quarter last year. The Company expects net income in the range of $0.08 to $0.12 per diluted share (EPS) compared to a net income per diluted share of $0.03 in the second quarter of 2012. The Company reaffirmed fiscal 2013 guidance and expects top line growth to be in the range of 10%-17% which equates to $151 million to $160 million in revenue. The Company expects earnings per share (EPS) to be in the range of $0.37 to $0.48 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $40 million and EPS of $0.15 for second quarter of 2013; revenue of $155 million and EPS of $0.43 for fiscal 2013. 

Company Quote

-0.17 -1.34%
19 Dec 2014