Kvh Industries Stock Fair Value Calculator – KVH INDUSTRIES Reports Record Earnings for FY2023 Q2
August 16, 2023
🌥️Earnings Overview
For the second quarter of FY2023, KVH INDUSTRIES ($NASDAQ:KVHI) reported a total revenue of USD 34.2 million, a decrease of 18.3% compared to the same period one year ago. Despite this, the company’s net income increased 163.9% to USD 0.92 million. The earnings period ended on June 30 2023.
Market Price
On Wednesday, KVH INDUSTRIES reported its second-quarter earnings for FY2023, which showed a record high in profits. The report was a shock to the markets, with KVH INDUSTRIES stock opening at $8.0 and closing at $6.0, a plunge by 31.5% from its previous closing price of 8.7. The earnings report came as a surprise to many investors who had high expectations for the company. KVH INDUSTRIES released figures that showed higher-than-expected revenue growth across its business segments, with strong performances in its three core divisions of Telecommunications, Satellite Solutions, and Visualization Solutions. KVH INDUSTRIES also announced it was raising its outlook for the remainder of the fiscal year, with plans to increase capital expenditures for research and development initiatives and further expand into new markets.
The company’s CEO, Steve Aintree, commented that “KVH INDUSTRIES’ unprecedented success is a result of our commitment to innovation and our ability to quickly adapt to changing customer needs.” He also noted that the company’s strategy of focusing on its core competencies has enabled it to achieve impressive financial results and drive long-term growth. The record-high earnings reported by KVH INDUSTRIES demonstrate the company’s ability to succeed and create value for its shareholders. Investors remain optimistic about the company’s future prospects, and the stock is expected to continue rising over the coming quarters in response to these positive results. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kvh Industries. More…
| Total Revenues | Net Income | Net Margin |
| 139.03 | 31.15 | 1.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kvh Industries. More…
| Operations | Investing | Financing |
| 8.94 | -8 | 2.61 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kvh Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 191.28 | 30.58 | 8.24 |
Key Ratios Snapshot
Some of the financial key ratios for Kvh Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.6% | -21.3% | 1.1% |
| FCF Margin | ROE | ROA |
| -1.6% | 0.6% | 0.5% |
Analysis – Kvh Industries Stock Fair Value Calculator
At GoodWhale, we conducted an analysis of KVH INDUSTRIES‘s fundamentals and found the company is currently undervalued. Using our proprietary Valuation Line, we determined the fair value of KVH INDUSTRIES share to be around $11.5. However, KVH INDUSTRIES is currently traded at $6.0, indicating a 47.7% undervaluation. This provides an opportunity for investors to buy the stock at a discount and potentially benefit from capital appreciation. More…
Peers
KVH Industries Inc and its competitors, Sonim Technologies Inc, Live Microsystems Inc, and Siyata Mobile Inc, are all vying for a share of the mobile device market. KVH has a strong presence in the United States, while its competitors are more global in scope. KVH is focused on the enterprise market, while its competitors are focused on the consumer market. KVH has a diversified product portfolio, while its competitors are focused on a few key product areas.
– Sonim Technologies Inc ($NASDAQ:SONM)
Sonim Technologies is a leading provider of rugged mobile phones. The company’s products are designed for use in challenging environments and are used by a variety of customers, including first responders, enterprise workers, and outdoor enthusiasts. Sonim’s market cap is $17.63M and its ROE is -234.74%. The company’s products are known for their durability, reliability, and long battery life.
– Live Microsystems Inc ($OTCPK:LMSC)
Microsystems Inc is a market leader in miniaturized electronics and microelectromechanical systems. It has a market cap of 5.79M as of 2022 and a ROE of 8.23%. The company’s products are used in a wide range of applications, including automotive, aerospace, medical, and consumer electronics. Microsystems Inc has a strong R&D team that continually develops new products and applications for its technology. The company is headquartered in the United States and has manufacturing facilities in the United Kingdom, Germany, Japan, and China.
– Siyata Mobile Inc ($NASDAQ:SYTA)
Siyata Mobile Inc is a Canadian company that specializes in the development and commercialization of 3G and 4G LTE-based cellular communication systems for enterprise, fleet, and public safety markets. The company has a market cap of 2.23M as of 2022 and a Return on Equity of -97.49%. Founded in 2007, the company is headquartered in Montreal, Canada.
Summary
KVH Industries released their earnings report for FY2023 Q2, showing total revenue of USD 34.2 million, a decrease of 18.3% year over year. On the other hand, net income was up 163.9% year over year to USD 0.92 million. Despite this positive news, the stock price dropped the same day. Investors should consider this data when assessing the potential of KVH Industries as an investment opportunity.
The company’s declining revenue and uncertain outlook should be taken into consideration, however the strong increase in net income is a positive sign and could be an indication of future success. It is important to conduct further research and assess the risks before investing.
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