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KVH Industries reported Q2 EPS of 5 cents, up from a loss of 12 cents last year. Revenue was $26.6 million, down from $28.7 million last year. CEO Brent C. Bruun noted that revenues were up $1.2 million compared to Q1, adjusted EBITDA increased $1.7 million, and cash grew by $7.3 million.
KVH Industries Inc. (KVHI) reported a profit of $930,000 in its second quarter, marking a significant turnaround from the previous year's loss of $1.2 million. On a per-share basis, the company reported earnings of 5 cents, up from a loss of 12 cents in the same period last year. Adjusted earnings per share (EPS) were 3 cents, reflecting a substantial improvement over the prior year's adjusted loss of 12 cents [1].
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