KVH Industries, Inc.

KVH Industries, Inc. reported a net loss of $7.4 million for fiscal year 2025, an improvement from the prior year's net loss of $7.4 million. The company generated $111.0 million in net sales, with total costs and expenses of $122.2 million resulting in an operating loss of $11.2 million. Key drivers included $2.6 million in interest income and $1.1 million in other income, which partially offset the operating loss. The balance sheet shows strong liquidity with $69.9 million in cash and cash equivalents, total assets of $151.5 million, and stockholders' equity of $131.0 million. Cash flow from operations was positive at $17.1 million, supported by $10.7 million in depreciation and amortization and working capital improvements. The company's financial position remains solid despite the net loss, with sufficient cash reserves to support ongoing operations.

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