KVH Industries Reschedules Fourth Quarter/Year-end Conference Call to March 16, 2015
March 05 2015 - 4:30PM
KVH Industries, Inc., (Nasdaq: KVHI) has rescheduled the
announcement of its financial results for the fourth quarter and
fiscal year ended December 31, 2014, to March 16, 2015. In
conjunction with the release, the company will conduct its investor
conference call at 4:30 p.m. ET, hosted by Mr. Martin Kits van
Heyningen, chief executive officer, and Mr. Peter Rendall, chief
financial officer.
"We underestimated the amount of work that was required to
convert the historical financial statements of Videotel, which was
previously a private UK company, in accordance with US GAAP
accounting at year-end. That work is now complete; however,
this effort has resulted in a delay of approximately one week in
completing the annual year-end preparation of our consolidated
financial statements," said Peter Rendall, KVH's chief financial
officer.
A live broadcast of the call will be available online at
investors.kvh.com. In addition, both an audio replay and a
podcast of the conference call will be available on the website for
two weeks. To listen to the call or to download the podcast
MP3 file, visit investors.kvh.com starting two hours following the
conclusion of the call. Investors who wish to submit
questions during or following the call may do so to IR@kvh.com.
About KVH Industries, Inc.
KVH Industries is a leading manufacturer of solutions that
provide global high-speed Internet, television, and voice services
via satellite to mobile users at sea, on land, and in the air, and
is a leading news, music, and entertainment content provider to
many industries including maritime, retail, and leisure. KVH
Industries is also a premier manufacturer of high-performance
sensors and integrated inertial systems for defense and commercial
guidance and stabilization applications. KVH is based in
Middletown, RI, with research, development, and manufacturing
operations in Middletown, RI, and Tinley Park, IL. The
company's global presence includes offices in Belgium, Brazil,
Cyprus, Denmark, Hong Kong, Japan, the Netherlands, Norway,
Singapore, and the United Kingdom.
CONTACT: KVH Industries, Inc.
Peter Rendall
401-847-3327
prendall@kvh.com
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