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Stock Market & Financial Investment News

News Breaks
July 3, 2014
07:03 EDTKVHIKVH Industries acquires Videotel for $48.9M
KVH Industries announced that it has acquired Videotel, a producer of training films and e-Learning services for the commercial maritime industry. The $48.9M transaction is anticipated to be accretive to KVH FY14 EPS. The company financed the transaction from its cash on hand and proceeds from a new credit facility. The audited financial statements of the acquired Videotel group companies showed annual combined revenues in 2013 of GBP 14M, of which approximately 93% was derived from multi-year subscription-based services. During 2013, Videotel's combined gross profit margin was approximately 73%.
News For KVHI From The Last 14 Days
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March 16, 2015
19:00 EDTKVHIOn The Fly: After Hours Movers
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16:28 EDTKVHIKVH Industries sees continued growth, improving profitability in 2015
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16:27 EDTKVHIKVH Industries sees FY15 adjusted EPS 81c-91c, consensus 50c
Sees FY15 revenue $190M-$210M, consensus $198.76M.
16:26 EDTKVHIKVH Industries sees Q1 adjusted EPS 3c-7c, consensus 7c
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16:25 EDTKVHIKVH Industries reports Q4 adjusted EPS 29c, consensus 12c
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