Exhibit 11.


               KVH Industries, Inc.
       Computation of net earnings per share
       (in thousands, except per share data)
                    (Unaudited)

                                                     For three months ended
                                                            March 31,
                                                        1998         1997
Calculation of earnings per share  - basic
Net income (loss)                                        $(897)       604
                       
Shares:
Common stock outstanding                                 7,086      7,014
                                                             

Net income (loss) per common share - basic             $(0.13)       0.09
                                                        ======       ====


Calculation of earnings per share  - diluted

Net income (loss)                                        $(897)       604
                                                         =====        ===

Shares:
Common stock outstanding                                7,086       7,014
                                                       
Additional shares assuming conversion of:
stock options and warrants                                 0          478
                                                        
  Average common shares outstanding and equivalents     7,086       7,492
                                                    

Net income (loss) per common share - diluted          $ (0.13)       0.08
                                                        ======       ====
               

         See the accompanying notes to consolidated financial statements.