kvh industries is a leading manufacturer of solutions that provide global high-speed internet, television, and voice services via satellite to mobile users at sea, on land, and in the air. these solutions include the global mini-vsat broadband network, tracphone® satellite communications, and tracvision® satellite television systems. kvh media group and videotel are a part of the kvh family of companies. videotel produces the highest quality e-learning training materials and management software for all commercial maritime sectors. kvh media group is a leading provider of commercially licensed news, entertainment, and training content for the maritime industry, business, retail, and hospitality. kvh is a premier manufacturer of high performance sensors, inertial navigation systems, and fiber optic gyros for defense and commercial guidance and stabilization applications. our goal is to connect mobile users to the services they wish to use while on the go.
Company profile
Ticker
KVHI
Exchange
Website
CEO
Martin A. Kits van Heyningen
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
KVH Industries A/S • KVH Industries Pte. Ltd. • KVH Industries • KVH Industries Japan Co. Ltd. • KVH Industries UK Ltd. • KVH Media Group Ltd. • KVH Media Group Communication Ltd. • KVH Media Group International Ltd. • KVH Media Group ...
IRS number
50420589
KVHI stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
8 Jun 23
SD
Conflict minerals disclosure
31 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
KVH Industries Reports First Quarter 2023 Results
4 May 23
ARS
2022 FY
Annual report to shareholders
28 Apr 23
DEF 14A
Definitive proxy
28 Apr 23
10-K
2022 FY
Annual report
16 Mar 23
8-K
KVH Industries Reports Fourth Quarter and Full Year 2022 Results
16 Mar 23
8-A12B/A
Registration of securities on exchange (amended)
3 Feb 23
8-K
KVH Industries Announces Support Agreement with Black Diamond Capital Management
3 Feb 23
Transcripts
KVHI
Earnings call transcript
2022 Q4
16 Mar 23
KVHI
Earnings call transcript
2022 Q3
8 Dec 22
KVHI
Earnings call transcript
2022 Q1
14 May 22
KVHI
Earnings call transcript
2021 Q4
7 Mar 22
KVHI
Earnings call transcript
2021 Q3
6 Nov 21
KVHI
Earnings call transcript
2021 Q2
31 Jul 21
KVHI
Earnings call transcript
2021 Q1
8 May 21
KVHI
Earnings call transcript
2020 Q3
31 Oct 20
KVHI
Earnings call transcript
2020 Q2
2 Aug 20
KVHI
Earnings call transcript
2020 Q1
2 May 20
Latest ownership filings
4
GEORGE A NEEDHAM
8 Jun 23
4
FELISE FEINGOLD
9 Mar 23
4
Robert J Balog
9 Mar 23
4
BRENT C BRUUN
9 Mar 23
4
Roger Kuebel
9 Mar 23
SC 13G
SYSTEMATIC FINANCIAL MANAGEMENT LP
13 Feb 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
SC 13D/A
BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C.
7 Feb 23
5
Roger Kuebel
31 Jan 23
5
Robert J Balog
31 Jan 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 12.38 mm | 12.38 mm | 12.38 mm | 12.38 mm | 12.38 mm | 12.38 mm |
| Cash burn (monthly) | 2.89 mm | (no burn) | 182.67 k | 270.25 k | 2.26 mm | (no burn) |
| Cash used (since last report) | 6.77 mm | n/a | 427.28 k | 632.14 k | 5.29 mm | n/a |
| Cash remaining | 5.61 mm | n/a | 11.95 mm | 11.74 mm | 7.09 mm | n/a |
| Runway (months of cash) | 1.9 | n/a | 65.4 | 43.5 | 3.1 | n/a |
Institutional ownership, Q4 2022
63.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 58 |
| Opened positions | 18 |
| Closed positions | 5 |
| Increased positions | 12 |
| Reduced positions | 17 |
| 13F shares | Current |
|---|---|
| Total value | 107.13 bn |
| Total shares | 12.47 mm |
| Total puts | 100.00 |
| Total calls | 1.70 k |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Black Diamond Capital Management, L.L.C. | 3.30 mm | $33.71 bn |
| Needham Investment Management | 1.86 mm | $18.99 bn |
| Systematic Financial Management | 1.82 mm | $18.63 bn |
| Dimensional Fund Advisors | 1.03 mm | $10.52 mm |
| Vanguard | 772.96 k | $7.90 bn |
| Potomac Capital Management | 682.50 k | $6.98 mm |
| Kennedy Capital Management | 565.80 k | $5.78 bn |
| BLK Blackrock | 376.32 k | $3.85 bn |
| AMP Ameriprise Financial | 346.70 k | $3.54 bn |
| Boothbay Fund Management | 154.14 k | $1.58 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 Mar 23 | Roger Kuebel | Common Stock | Other | Acquire J | No | No | 0 | 12,829 | 0.00 | 27,384 |
| 7 Mar 23 | Roger Kuebel | Employee Stock Options-Right to Buy Common Stock | Other | Acquire J | No | No | 9.81 | 30,483 | 299.04 k | 47,291 |
| 7 Mar 23 | Bruun Brent C | Common Stock | Other | Acquire J | No | No | 0 | 23,598 | 0.00 | 172,812 |
| 7 Mar 23 | Bruun Brent C | Employee Stock Options-Right to Buy Common Stock | Other | Acquire J | No | No | 9.81 | 56,072 | 550.07 k | 160,895 |
| 7 Mar 23 | Feingold Felise | Common Stock | Other | Acquire J | No | No | 0 | 12,301 | 0.00 | 72,804 |
| 7 Mar 23 | Feingold Felise | Employee Stock Options-Right to Buy Common Stock | Other | Acquire J | No | No | 9.81 | 29,228 | 286.73 k | 93,188 |
| 7 Mar 23 | Balog Robert J | Common Stock | Other | Acquire J | No | No | 0 | 13,401 | 0.00 | 99,004 |
| 7 Mar 23 | Balog Robert J | Employee Stock Options-Right to Buy Common Stock | Other | Acquire J | No | No | 9.81 | 31,842 | 312.37 k | 125,613 |
| 13 Jan 23 | Feingold Felise | Common Stock | Payment of exercise | Dispose F | No | No | 10.22 | 5,811 | 59.39 k | 60,503 |
News
KVH Industries: Q1 Earnings Insights
4 May 23
KVH Industries Q1 Sales $33.69M Miss $35.50M Estimate
4 May 23
Earnings Scheduled For May 4, 2023
4 May 23
KVH Industries Earnings Preview
3 May 23
KVH Industries Q4 Gets Boost From Airtime Revenue, India Expansion Serving As Additional Catalyst: Analyst
17 Mar 23
Press releases
KVH Industries Reports First Quarter 2023 Results
4 May 23
KVH Industries to Host First Quarter Conference Call on May 4, 2023
2 May 23
KVH Industries Reports Fourth Quarter and Full Year 2022 Results
16 Mar 23
KVH Industries to Host Fourth Quarter/Year-end Conference Call on March 16, 2023
14 Mar 23