RMG Networks Holding Corp (RMGN.OQ) Key Developments | Reuters.com
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RMG Networks Holding Corp (RMGN.OQ)

RMGN.OQ on NASDAQ Stock Exchange Capital Market

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1 Jul 2016
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Latest Key Developments (Source: Significant Developments)

RMG Networks posts Q1 loss per share of $0.04
Thursday, 12 May 2016 06:00am EDT 

RMG Networks Holding Corp : RMG Networks Holding Corp qtrly loss per share $0.04 . "Optimistic in our outlook for 2016" . RMG Networks reports first quarter 2016 results .Q1 revenue fell 7 percent to $8.7 million.  Full Article

RMG Networks Holding Corp awarded multimillion dollar contract
Thursday, 9 Jul 2015 07:31am EDT 

RMG Networks Holding Corp:Awarded multimillion dollar contract to provide transformational retail solution.Says initial purchases under the award total $1.1 mln.Future orders representing up to an additional $4 mln likely as solution continues to roll out in 2016.  Full Article

RMG Networks Holding Corp completed sale of Airline Media Network business to Global Eagle Entertainment
Wednesday, 1 Jul 2015 04:30pm EDT 

RMG Networks Holding Corp:Completed the sale of its Airline Media Network business to Global Eagle Entertainment.Terms of the transaction were not disclosed.  Full Article

RMG Networks announces appointment of Chief Financial Officer
Monday, 27 Apr 2015 08:00am EDT 

RMG Networks Holding Corp:Appoints Jana Ahlfinger Bell as Executive Vice President and Chief Financial Officer effective April 27.  Full Article

RMG Networks raises $25 mln in private placement of convertible preferred stock
Wednesday, 25 Mar 2015 08:30am EDT 

RMG Networks Holding Corp:Says the sale of $25 mln in Series A Convertible Preferred Stock.Financing is comprised of $15 mln from the full conversion of the company's existing senior debt facility and about $10 mln in new capital, prior to the payment of fees and other transaction expenses.Roth Capital Partners served as the sole placement agent for the Financing.  Full Article

RMG Networks Holding Corp signs non-binding LOI to sell airline media network business
Thursday, 19 Mar 2015 06:00am EDT 

RMG Networks Holding Corp:Announces that it has entered into discussions with certain unaffiliated third parties regarding the proposed sale of its Media business, also known as the RMG Airline Media Network.Contemplated sale does not include the RMG Office Media Network.As a result of these discussions, RMG Networks has signed a non-binding letter of intent to sell its RMG Airline Media Network business for $5.5 million, plus the assumption of certain liabilities to an unaffiliated third party.  Full Article

RMG Networks Holding Corp gives Q4, FY 2014 guidance
Monday, 9 Mar 2015 08:00am EDT 

RMG Networks Holding Corp:Expects Q4 2014 revenue to be about $18.6 million.Expects FY 2014 adjusted revenue to be about $61.8 million.Expects Q4 2014 adjusted EBITDA to improve sequentially over Q3 2014.  Full Article

RMG Networks awarded $2.5 mln internal communications contract
Monday, 15 Dec 2014 08:00am EST 

RMG Networks Holding Corp:Says it has been awarded an additional $2.5 mln contract to provide an internal communication solution and related services to, longstanding customer of RMG Networks.RMG Networks will provide hardware, software and program services to support internal communications across entire 90+ location footprint of the customer.The customer will also utilize RMG Network's OnTarget news service as part of their communications program and the OnTarget Premier service to create uniquely tailored company news messages.  Full Article

RMG Networks Holding names Robert Michelson CEO and president
Friday, 12 Dec 2014 08:00am EST 

RMG Networks Holding Corp:Has removed the interim designation from Robert Michelson's title, naming him the company's president and chief executive officer, effective immediately.  Full Article

RMG Networks Holding Corp amends its senior credit facility
Friday, 14 Nov 2014 08:00am EST 

RMG Networks Holding Corp:Says it has successfully increased the size of its senior credit facility from $12 mln to $14 mln adding about $2 mln in net cash proceeds to the company's balance sheet.All other terms of the senior credit facility remained the same.  Full Article

BRIEF-RMG Networks posts Q1 loss per share of $0.04

* Q1 revenue fell 7 percent to $8.7 million Source text for Eikon: Further company coverage: