KVH Industries reports $11M loss for 2017

KVH INDUSTRIES reported a $11 million loss for the 2017 calendar year. / COURTESY KVH INDUSTRIES
KVH INDUSTRIES reported a $11 million loss for the 2017 calendar year. / COURTESY KVH INDUSTRIES
MIDDLETOWN – KVH Industries Inc. reported a 2017 net loss of $11 million, or 67 cents per diluted share, in its 10-K filing with the U.S. Securities and Exchange Commission Friday, compared with a $7.5 million, or 47 cents per diluted share, loss in 2016. Net sales for the year totaled $160.1 million in 2017,…
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