More LEO, less GEO, and a market wide as the sea. Slow start to 2025. Revenues declined 13% y/y and 6% sequentially as KVH manages a difficult GEO to LEO transition. AEBITDA declined by 49% to $1.0M (our forecast was $2.1M), but KVH affirmed full-year guidance.
KVH Industries (KVHI): Q1 2025 Earnings Review & Financial Analysis
May 16, 2025
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