KVH Industries Inc. (KVHI) on Friday (March 2) reported a loss of $1.7 million in its fourth quarter.
The Associated Press reported that the Middletown, Rhode Island-based company said it had a loss of 10 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 12 cents per share.
The maker of mobile communication and navigation equipment for a range of industries including RV and marine posted revenue of $39 million in the period compared with $43.9 million a year ago.
The company said it expects revenue in the range of $39 million to $41 million for the fiscal first quarter.
KVH expects full-year earnings in the range of 12 cents to 28 cents per share, with revenue ranging from $166 million to $180 million.
KVH shares have climbed slightly since the beginning of the year. The stock has remained unchanged over the last 12 months.