KVH Industries, Inc. (KVHI)

Q1 2010 Earnings Call Transcript

April 22, 2010 10:30 am ET

Executives

Pat Spratt – CFO

Martin Kits Van Heyningen – Chairman, President and CEO

Analysts

Hamed Khorsand – BWS Financial

Chris Quilty – Raymond James

Rich Valera – Needham & Company

Aaron Edelheit – Sabre Value

Jim Roumell – Roumell Asset Management

Presentation

Operator

Good day everyone, and welcome to the KVH Industries first quarter 2010 conference call. Today’s call is being recorded. At this time for opening remarks and introductions, I would like to turn the conference over to Mr. Patrick Spratt, Chief Financial Officer. Please go ahead sir.

Pat Spratt

Good morning, everyone. I am Pat Spratt, Chief Financial Officer of KVH Industries and with me is; Martin Kits Van Heyningen, Chief Executive Officer.

This call will address the first quarter earnings release that we issued earlier today. Copies of the release are available on our website and are also from our Investor Relations department. This call is being simulcast on the internet, and will be archived on our website for future reference.

If you are listening via the web, feel free to submit questions to IR@KVH.com and we’ll be answered them following this call.

This conference call will contain certain forward-looking statements that involve risks and uncertainties. For example, statements regarding financial and product development goals are forward-looking. The company’s future results may differ materially from the projections described in today’s discussion.

Factors that might cause these differences include, but are not limited to, those mentioned in today’s call and risk factors described in our yearly report on Form 10K filed with the SEC on March 9th, 2010. The company’s SEC filings are directly available from us, from the SEC, or from the investor information section of our website.

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