MIDDLETOWN, R.I. (AP) — MIDDLETOWN, R.I. (AP) — KVH Industries Inc. (KVHI) on Thursday reported a loss of $4.3 million in its fourth quarter.
On a per-share basis, the Middletown, Rhode Island-based company said it had a loss of 22 cents. Losses, adjusted for non-recurring costs and stock option expense, were 14 cents per share.
The maker of mobile communication and navigation equipment posted revenue of $26.9 million in the period.
For the year, the company reported a loss of $11 million, or 57 cents per share. Revenue was reported as $113.8 million.
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