KVH
Industries (KVHI)

Website:
www.kvh.com
Providing
Information To People Wherever They Go
Overview
KVH Industries (Nasdaq: KVHI) and
its wholly owned subsidiary, KVH Europe A/S are leading providers of
in-motion satellite TV and communication systems, having designed,
manufactured, and sold more than 150,000 mobile satellite antennas for
applications on vessels, vehicles, and aircraft. KVH's mission is to connect
mobile customers around the globe with the same digital television
entertainment, communications, and Internet services that they enjoy in
their home and offices.
The company's products are based on its
proprietary mobile satellite antenna and fiber optic technologies. Its mobile communications products, including TracVision and TracPhone
systems, enable customers to receive live digital television, telephone, and
Internet services in their vehicles, vessels, and airplanes while in motion
via satellite services.
The company's guidance and stabilization products
include tactical navigation systems for a range of military vehicles; and
precision fiber optic gyro-based systems that help platforms, such as gun
turrets, remote weapon stations turrets, and radar units, as well as provide
guidance for munitions.
Its fiber optic products are used in commercial
applications, such as train track geometry measurement systems, industrial
robotics, optical stabilization, autonomous vehicles, and undersea remotely
operated submersibles. The company sells its mobile communications products
through an international network of distributors and retailers worldwide;
and guidance and stabilization products directly to the United States, and
allied governments and government contractors, as well as through an
international network of authorized independent sales representatives.
KVHI
Investor Highlights
- Revenue for the first
quarter of 2008 was $23.1 million, up 13% from the first quarter ended
March 31, 2007.
- Net income for the quarter
was $1.6 million or $0.11 on a per-diluted share basis.
- Announced in July 08, that
it has received a new $2 million order for its precision DSP-3100 fiber
optic gyros (FOGs) from Kongsberg Defence & Aerospace for use in the
Protector family of remote weapon stations. The contract is in addition
to a $6 million order received in April 2008 from Kongsberg, and will
extend DSP-3100 FOG shipments into the early part of 2009.
- Announced in July 08, a
new agreement with ViaSat to begin the global rollout of the popular
mini-VSAT Broadband(sm) satellite communications service.
- Currently trades at a
forward P/E of 15.8, a price to Sales of 1.29 and a price to book of
1.35.
- KVHI has a current cash
position of over $50M with a negligible amount of debt $2M.
- Low float, only 12.7M
shares.
Recent
News and Press Releases
KVH
Receives New $2 Million Fiber Optic Gyro Order from Kongsberg Defence &
Aerospace
KVH
Industries to Host Second Quarter Conference Call On July 22, 2008
KVH
Begins Rollout of Global Ku-band mini-VSAT Broadband Satellite
Communications Network
KVH
Launches Lease Program for TracPhone V7 Maritime Broadband Communications
System
KVH
Introduces New CNS-5000 GPS/IMU Continuous Navigation System
For the latest Quote
and News on KVHI Click
Here.
Contacts
KVH Industries
50 Enterprise Center
Middletown, RI 02842
Phone: 401-847-3327
Fax: 401-849-0045
SEC Filings
KVHI filings with the SEC can be found here.
All Fillings are current and the Company is fully reporting.
Disclaimer
PennyReview.com
feature stock reports are intended to be stock ideas, NOT recommendations.
Please do your own research before investing. It is crucial that you at
least look at current SEC filings and read the latest press releases.
For continuing coverage of KVHI, please sign up for our free newsletter.
Information contained in this report was extracted from current documents
filed with the SEC, the company web site and other publicly available
sources deemed reliable. For more information see our disclaimer section, a
link of which can be found on our web site. This document contains
forward-looking statements, particularly as related to the business plans of
the Company, within the meaning of Section 27A of the Securities Act of 1933
and Sections 21E of the Securities Exchange Act of 1934, and are subject to
the safe harbor created by these sections. Actual results may differ
materially from the Company's expectations and estimates. The information
provided in this report is not intended for distribution to, or use by, any
person or entity in any jurisdiction or country where such distribution or
use would be contrary to law or regulation or which would subject us to any
registration requirement within such jurisdiction or country.
Copyright
PennyReview.com. All rights reserved. PennyReview.com is not a
Registered Broker/Dealer or Financial Advisor, nor do we hold ourselves out
to be. All materials presented on our web site and individual reports
released to the public through this web site, e-mail or any other means of
transmission are not to be regarded as investment advice and are only
for informative purposes. Before making a purchase or sale of any securities featured
on our web site or mentioned in our reports, we strongly encourage and
recommend consultation with a registered securities representative.
This is not to be construed as a solicitation or recommendation to buy or
sell securities. As with any stock, companies we select to profile involve a
degree of investment risk and volatility. Particularly Small-Caps and OTC-BB
stocks. All investors are cautioned that they may lose all or a portion of
their investment if they decide to make a purchase in any of our profiled
companies. Past performance of our profiled stocks is not indicative of
future results. The accuracy or completeness of the information on our web
site or within our reports is only as reliable as the sources they were
obtained from. The profile and opinions expressed herein are expressed
as of the date the profile is posted on site and are subject to change
without notice. No investor should assume that reliance on the views,
opinions or recommendations contained herein will produce profitable
results. PennyReview.com may hold
positions in securities mentioned herein, and may make purchases or sales in
such securities featured on our web site or within our reports. In order to
be in full compliance with the Securities Act of 1933, Section 17(b),
PennyReview.com will disclose in it's disclaimer, what, if any
compensation was received for our efforts in researching, presenting
and disseminating this information to our subscriber database and featuring
the report on the PennyReview.com web site. PennyReview.com
has not been compensated for its efforts in presenting the KVH Industries profile on its website and distributing it to its
database of subscribers. PennyReview.com
may decide to purchase or sell shares on a voluntary basis in the open
market before, during or after the profiling period of this report.
Information presented on our web site and within our reports contain
"forward looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Any statements that express or
involve discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, goals, assumptions or future events or
performance are not statements of historical fact and may be "forward
looking statements." Forward looking statements are based on
expectations, estimates and projections at the time the statements are made
that involve a number of risks and uncertainties which could cause actual
results or events to differ materially from those presently anticipated.
Forward looking statements in this action may be identified through the use
of words such as “expects’”, “will,” “anticipates,”
“estimates, “believes,” or that by statements indicating certain
actions “may,” “could,” or “might” occur.
THE
READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE
INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SMALL CAP
SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We
encourage our readers to invest carefully and read the investor information
available at the web sites of the Securities and Exchange Commission (SEC)
at: http://www.sec.gov
and/or the National Association of Securities Dealers (NASD) at: http://www.nasd.com
. Readers can review all public filings by companies at the SEC's EDGAR
page. The NASD has published information on how to invest carefully at its
web site.