KVH Industries, Inc. Message Board

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Technology Stocks : KVH Industries, Inc.

KVHI 5.970

+1.4%

Oct 31 3:59 PM EST

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To: robert b furman who wrote (1302)	6/25/2002 7:30:43 PM
From: Sector Investor	Read Replies (1) of 7249

<<Did that forecast include the military pushout from Q1.>> Yes. The original Needham projections were for Q1 to be $1M higher and Q2 $1M lower. So the 24.5% revenue jump was artificially created by the pushout into Q2. <<Did not management say that R&D had already peaked - I thought I recall that.>> I think they initially said that in Q4, but the wording changed in the Q1 CC, extending the R&D a bit. Needham's earlier projection for Q2 was for R&D of $1.7M and a profit of $0.04. That changed to the current numbers after the last CC. You can review the text of the Q1 CC using the link in the thread header.

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