KVH Industries Inc., based in Middletown, yesterday reported a third-quarter net loss of $800,000, or 8 cents a share, compared with flat earnings in the year-ago period.

Third-quarter revenue was $15.7 million, down 10 percent from the quarter ended Sept. 30 last year.

For the nine months ended this Sept. 30, revenue was $61.2 million, or flat compared with the same period last year. KVH reported net income of $2.8 million, or 19 cents on a per-diluted share basis for the period, versus net income of $1.5 million, or 10 cents on a per-diluted share basis, in the year-ago period.

Stanley Works

The Stanley Works, of New Britain, Conn., yesterday said second-quarter profit soared 80 percent as the toolmaker raised prices to help offset economic weakness and a soft housing market that have crimped demand for the company’s products.

Profit rose to $164.5 million, or $2.06 per share, from $91.4 million, or $1.09 per share, last year.

Sales edged higher to $1.12 billion from $1.11 billion last year, helped by acquisitions, currency benefits, and 7 percent higher sales in its security segment.

The company said higher prices offset about 75 percent of inflation during the quarter.

The company forecast $3.75 per share in profit for full-year 2008, predicting volume in the second half of the year to decline more than the first half of the year.

Analysts predict profit of $3.84 and sales of $4.55 billion.

Webster Financial

Webster Financial Corp., the holding company for Webster Bank, yesterday reported a third-quarter net loss of $16.8 million, or 42 cents per diluted share, compared with a net loss of $28.9 million, or 56 cents per diluted share, for the second quarter and $35.0 million in net income, or 64 cents per diluted share, for the third quarter of last year.

Results in the third quarter reflect certain cash and non-cash charges in the aggregating to 59 cents per share. Operating income was $14.0 million or 17 cents per diluted share adjusting charges.

For the first nine months of this year, net loss totaled $21.3 million, or 51 cents per diluted share, compared with net income of $105.5 million, or $1.89 per diluted share, in the year-ago period. Operating income was $61.2 million, or $1.08 per diluted share adjusting for charges.