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Tangoe Inc (TNGO.OQ)

TNGO.OQ on NASDAQ Stock Exchange Global Select Market

8.36USD
23 Sep 2016
Change (% chg)

$-0.26 (-3.02%)
Prev Close
$8.62
Open
$8.55
Day's High
$8.74
Day's Low
$8.36
Volume
44,441
Avg. Vol
78,304
52-wk High
$10.12
52-wk Low
$5.36

Latest Key Developments (Source: Significant Developments)

Tangoe Inc files for non-timely 10-Q
Wednesday, 10 Aug 2016 04:43pm EDT 

Tangoe Inc :Files for non-timely 10-Q - SEC filing.  Full Article

Tangoe announces efficiency and cost reduction initiative
Tuesday, 21 Jun 2016 04:05pm EDT 

Tangoe Inc : Board of directors approved an efficiency and cost reduction initiative consisting of an 10% reduction in workforce . Board of directors approved an efficiency and cost reduction initiative consisting of closing of underutilized facilities . Expects to incur total cash charges of approximately $3.6 million and to complete most of planned initiative by end of june 2016 . Review not identified additional accounting errors that would materially change aggregate size of expected adjustments described on march 7 .Tangoe announces efficiency and cost reduction initiative.  Full Article

Tangoe Inc. receives NASDAQ letter about delay in filing form 10-Q
Thursday, 19 May 2016 04:15pm EDT 

Tangoe Inc :Tangoe, Inc. receives NASDAQ letter related to delay in filing form 10-Q and submits plan of compliance to NASDAQ.  Full Article

Tangoe files for non-timely 10-Q
Wednesday, 11 May 2016 06:21pm EDT 

Tangoe Inc : Files for non-timely 10-q - sec filing . Because co in process of restating financial statements, has not been able to complete financial statements required to be included in 10-q .Cannot at this time estimate when it will complete restatement and file restated financial statements and march 31, form 10-q.  Full Article

Tangoe Inc announces resignation of Al Subbloie as Chairman and CEO
Wednesday, 4 May 2016 08:00am EDT 

Tangoe Inc:Announces resignation of Al Subbloie as Chairman and CEO.Says independent director James Foy appointed acting Chief Executive Officer.Says lead director Gerald Kokos appointed Executive Chairman.  Full Article

Tangoe Inc appoints Jay Zager as interim CFO
Monday, 25 Apr 2016 04:05pm EDT 

Tangoe Inc:Tangoe appoints jay zager as interim cfo.Tangoe appoints jay zager as interim cfo.Says angoe announced departure of gary martino, former chief financial officer of tangoe.Company undertakes a search process for a permanent chief financial officer.  Full Article

Tangoe Inc gives Q3 2015 outlook below analysts' estimates; lowers FY 2015 outlook
Thursday, 6 Aug 2015 04:05pm EDT 

Tangoe Inc:Expects Q3 2015 Total revenue to be in the range of $58.0 million to $59.5 million.Expects Q3 2015 Adjusted EBITDA to be in the range of $5.6 million to $6.1 million.Expects Q3 2015 Non-GAAP net income per share to be in the range of $0.10 to $0.11.Expects FY 2015 Total revenue to be in the range of $227.0 million to $231.0 million.Expects FY 2015 Adjusted EBITDA to be in the range of $27.5 million to $29.5 million.Expects FY 2015 Non-GAAP net income per share to be in the range of $0.53 to $0.58.Q3 2015 revenue of $65.50 million, EBITDA of $9.46 million and EPS of $0.19 - Thomson Reuters I/B/E/S.FY 2015 revenue of $245.28 million, EBITDA of $36.91 million and EPS of $0.75 - Thomson Reuters I/B/E/S.  Full Article

Tangoe closes acquisition of IBM's Rivermine TEM Business
Monday, 1 Jun 2015 08:30am EDT 

Tangoe Inc:Closed the acquisition of IBM's Emptoris Rivermine Telecom Expense Management business.  Full Article

Tangoe gives Q2 2015 guidance; revenue guidance below analysts' estimates; raises FY 2015 revenue guidance; lowers FY 2015 earnings guidance
Thursday, 7 May 2015 04:05pm EDT 

Tangoe:Expects Q2 2015 total revenue to be in the range of $56.5 million to $57.5 million.Expects Q2 2015 adjusted EBITDA to be in the range of $8.8 million to $9.3 million.Expects Q2 2015 Non-GAAP net income per share to be in the range of $0.18 to $0.19.Expects FY 2015 total revenue to be in the range of $245.0 million to $250.0 million.Expects FY 2015 adjusted EBITDA to be in the range of $36.0 million to $38.0 million.Expects FY 2015 Non-GAAP net income per share to be in the range of $0.73 to $0.78.Q2 2015 revenue of $58 million, EBITDA of $9.2 million and EPS of $0.19 - Thomson Reuters I/B/E/S.FY 2015 revenue of $240 million, EBITDA of $39 million and EPS of $0.79 - Thomson Reuters I/B/E/S.  Full Article

Tangoe announces agreement to acquire IBM's Rivermine TEM Business
Thursday, 7 May 2015 04:00pm EDT 

Tangoe:Signs a definitive asset purchase agreement to acquire IBM's Emptoris Rivermine Telecom Expense Management business.Transaction is expected to close on May 31.  Full Article

BRIEF-Tangoe enters into payment plan Oracle Credit Corp

* Tangoe Inc says on August 31 entered into a payment plan agreement and related payment schedules with Oracle Credit Corp