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Acorn International Inc (ATV.N)

ATV.N on New York Stock Exchange

14.23USD
18 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Acorn International reports Q2 revenue $4.6 million, up 20.5 percent
Friday, 8 Sep 2017 05:00am EDT 

Sept 8 (Reuters) - Acorn International Inc -:Acorn International reports financial results for the second quarter and first half of 2017.Q2 revenue rose 20.5 percent to $4.6 million.Acorn International - net loss was $3.4 million in the second quarter of 2017 as compared to net income of $5.7 million in the second quarter of 2016.Acorn International - loss from operations was $3.5 million in Q2 2017, as compared to loss from operations of $3.7 million in Q2 2016.  Full Article

Jacob Fisch reports 5.2 pct stake in Acorn International
Thursday, 31 Aug 2017 07:31am EDT 

Aug 31 (Reuters) - Acorn International Inc :Jacob Fisch reports 5.2 percent stake in Acorn International Inc as on Aug 31 - SEC filing‍​.  Full Article

Acorn International sells majority stake in HJX business
Friday, 11 Aug 2017 06:30am EDT 

Aug 11 (Reuters) - Acorn International Inc ::Acorn International sells majority stake in HJX business.Says ‍recently reached an agreement to sell a majority stake in its HJX business to a third-party investor and operator​.Acorn international inc - ‍to sell a majority stake in its HJX business to a third-party investor and operator​.Acorn international inc - ‍agreement includes establishment of a joint venture that will be controlled and operated by such third party​.Acorn international inc - ‍joint venture is expected to be operational in coming months​.Says ‍under terms of agreement, joint venture will help liquidate a large stock of HJX inventory​.Acorn international - ‍JV will help transition certain expenses on pro rata basis to JV and allow acorn to divest day-to-day operational management to third-party team​.Says ‍joint venture is expected to be operational in coming months​.  Full Article

Acorn International settles lawsuit against former directors
Friday, 4 Aug 2017 04:50pm EDT 

Aug 4 (Reuters) - Acorn International Inc :Acorn International settles lawsuit against former directors.Acorn International Inc - ‍entered into a settlement agreement on july 28, relating to a claim filed on december 1 against former directors of company​.Acorn - under settlement co, Roche Enterprises Ltd, former directors and SB Asia Investment Fund II L.P. to discontinue and/or withdraw all claims.Acorn -‍ agreement reached for co to repurchase all co's shares owned by SAIF, representing 27.7% of total shares, for about $4.17 million or $4.05 per ADS​.  Full Article

Acorn International announces extension of share buyback plan
Tuesday, 28 Feb 2017 04:00pm EST 

Acorn International Inc : Acorn International announces extension of share buyback plan . Acorn International Inc - with extended share buyback plan, Acorn is authorized to continue its repurchase of up to us$4 million of its ADSs . Acorn International Inc - board of directors has approved extension to company's existing share buyback plan for a period of one year .Acorn International Inc- company plans to fund repurchases from its existing cash balance.  Full Article

Acorn International reports Q4 revenue $6 mln vs $9.1 mln
Friday, 24 Feb 2017 06:30am EST 

Acorn International Inc : Acorn International reports financial results for the fourth quarter and full year 2016 . Q4 revenue $6.0 million versus $9.1 million . Acorn International Inc - total net revenues were $6.0 million in Q4 of 2016, down from $9.1 million in q4 of 2015 . Acorn International Inc - loss from operations was $7.5 million in Q4 of 2016, as compared to a loss from operations of $7.1 million .Acorn International Inc - net loss was $7.9 million in Q4 of 2016 as compared to a net loss of $7.3 million in Q4 of 2015.  Full Article

Acorn International says Beijing Xicheng people's court rules in favour of co in trademark dispute
Wednesday, 1 Feb 2017 02:44pm EST 

Acorn International Inc : Acorn International continues to defend its proprietary and licensed brands in China with win in trademark infringement dispute . Received final ruling from Beijing Xicheng people's court holding in Acorn's favor .Ruling indicates Taian Deang Trading must compensate co based on claim it had infringed co's trademark for Suyumei BBJ products.  Full Article

Acorn International Q2 rev $3.9 mln; expands share buyback program
Friday, 12 Aug 2016 06:30am EDT 

Acorn International Inc : Acorn International reports financial results for the second quarter of 2016, expands share repurchase program . Q2 revenue $3.9 million versus $8.1 million . Expands share repurchase program . Company plans to fund share repurchases from its existing cash balance .Increased repurchase authority under stock repurchase program so that up to $4 million worth of its adss can be repurchased.  Full Article

Acorn International reports Q1 revenue $7.1 million
Friday, 8 Jul 2016 06:30am EDT 

Acorn International Inc : Acorn International reports financial results for the first quarter of 2016 . Q1 revenue $7.1 million versus $16.3 million . Net income was $7.4 million in Q1 of 2016 as compared to a net loss of $9.8 million . Plans to sell certain real estate assets with carrying amount of about $18.1 million as part of ongoing liquidation policy .May sell additional shares of Yimeng, as appropriate.  Full Article

Acorn International Inc announces share repurchase program
Monday, 11 Jan 2016 06:00am EST 

Acorn International Inc:Announces share repurchase program.Says the company plans to fund repurchases from its existing cash balance.Board authorized share repurchase program, co may repurchase up to $2 million worth of ads over the next 12 months.  Full Article

BRIEF-Acorn International reports Q2 revenue $4.6 million, up 20.5 percent

* Acorn International reports financial results for the second quarter and first half of 2017