KVH reports Q1 net loss of $4.9M

KVH INDUSTRIES saw revenue decline slightly in the first quarter, but its net loss nearly doubled.
KVH INDUSTRIES saw revenue decline slightly in the first quarter, but its net loss nearly doubled. / COURTESY KVH INDUSTRIES
MIDDLETOWN - KVH Industries Inc. reported a net loss Tuesday of $4.9 million in the first quarter of 2017. This comes as a larger loss than in the 2016 first quarter, in which KVH reported a $2.8 million net loss. The first quarter report said that KVH’s revenue was $40.2 million in the period ended…

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