MIDDLETOWN – KVH Industries President and Chief Executive Officer Martin Kits van Heyningen said that preliminary results show the company posted record quarterly revenues of approximately $9 million while KVH’s fourth quarter loss is expected to be less that Wall Street estimates.
During a recent presentation to investors, Kits van Heyningen also indicated that he expects that KVH’s 2001 revenues will be approximately $33 million, a 10 percent increase over 2000. Kits van Heyningen also cited the October 2001 announcement of KVH’s mobile, high-speed Internet service and the ongoing development of an automotive satellite TV antenna as key elements in the company’s anticipated growth in the next year.
Rhode Island's Market Has Changed. Developers, Builders, Investors and Sellers Must Change With It.
By Emilio DiSpirito IV License Partner | Engel & Völkers Oceanside Leader | The DiSpirito…
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