...September 30, 2012. Revenue for the quarter was $38.8 million, up approximately 52 percent from the quarter ended September 30, 2011. Net income for the period was $1.7 million, or $0.12 per diluted share. During the same period last year the company reported net income of $0.6 million, or $0.04 per diluted share, on revenues of $25.6 million.

For the nine months ended September 30, 2012, revenue was $97.6 million, up 21 percent compared to $80.6 million for the nine months ended September 30, 2011. KVH reported net profit of $0.8 million, or $0.05 per diluted share, for the first nine months of 2012. During the same period last year, the company reported a net loss of $0.7 million, or a $0.05 loss on a per share basis.

"Our record results this quarter reflect continued growth from our broadband communications business, initial shipments against a strong backlog for our TACNAV® military navigation systems, and good growth in our fiber optic gyro sales," said Martin Kits van Heyningen, KVH's chief executive officer.

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