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EVINE Live Inc (EVLV.OQ)

EVLV.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Evine Live Inc Enters Into A Cooperation Agreement With Clinton Group
Tuesday, 20 Mar 2018 06:40am EDT 

March 20 (Reuters) - Evine Live Inc ::EVINE LIVE INC SAYS ON MARCH 19, CO ENTERED INTO A COOPERATION AGREEMENT WITH CLINTON GROUP INC - SEC FILING.‍PURSUANT TO AGREEMENT WITH CLINTON GROUP, WITHIN 3 BUSINESS DAYS OF EXECUTION OF AGREEMENT, CO WILL APPOINT ALEX SPIRO TO BOARD.AGREED TO NOMINATE ALEX SPIRO FOR RE-ELECTION AT 2018 ANNUAL MEETING OF SHAREHOLDERS ALONGSIDE OTHER CONTINUING MEMBERS OF BOARD​.CLINTON GROUP AGREED TO NOT BRING ANY NOMINATIONS, BUSINESS, OR PROPOSALS BEFORE OR AT 2018 ANNUAL MEETING.  Full Article

Evine Live Reports Q4 Earnings Per Share Of $0.10
Wednesday, 14 Mar 2018 06:00am EDT 

March 14 (Reuters) - Evine Live Inc ::. REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $0.10.Q4 SALES $192.7 MILLION VERSUS I/B/E/S VIEW $202.6 MILLION.Q4 EARNINGS PER SHARE VIEW $0.10 -- THOMSON REUTERS I/B/E/S.‍FOR FY18, EXPECT NORMALIZED SALES GROWTH IN 2% TO 5% RANGE ON A 52-WEEK OVER 52-WEEK BASIS​.SAYS EXPECTS FY 2018 ADJUSTED EBITDA TO BE IN RANGE OF $19 TO $21 MILLION.‍FOR FY18, EXPECT ADJUSTED EBITDA TO BE IN $19 TO $21 MILLION RANGE, WHICH WOULD BE GROWTH OF 5% TO 17% YEAR-OVER-YEAR​.  Full Article

Evine Live reports Q3 loss per share of $0.02
Tuesday, 21 Nov 2017 06:00am EST 

Nov 21 (Reuters) - Evine Live Inc :Evine Live Inc reports third quarter 2017 results.Q3 loss per share $0.02.Q3 sales $150 million versus I/B/E/S view $154.8 million.Q3 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $0.00 to $0.04.Evine Live Inc - ‍continue to expect Q4 revenue growth in mid to high single digits​.Evine Live Inc - ‍continue to expect full year adjusted EBITDA to be $18 to $22 million, which would be growth of 11% to 36% year over year​.Evine Live Inc - ‍ financial impact of deal to sell WWDP is expected to include a $3.0 million positive impact to net income in Q4​.  Full Article

Segel Vision to acquire Evine Live Inc
Thursday, 16 Nov 2017 06:45am EST 

Nov 16 (Reuters) - Evine Live Inc :Segel Vision will pay 105% premium to acquire Evine Live and merge the shopping channel into Segel's company, Starshop.Segel Vision LLC says by establishing a total equity value of $175 million for Evine, Segel Vision would, in effect, be paying $2.66 per share for Evine​.Segel Vision says new offer announcement came after two prior attempts to reach Evine's board of directors failed​.  Full Article

Evine Live enters into channel sharing and facilities agreement with NRJ Boston Opco LLC and NRJ TV Boston License Co
Wednesday, 30 Aug 2017 08:32am EDT 

Aug 30 (Reuters) - Evine Live Inc :Evine Live - ‍On Aug 28, entered into channel sharing and facilities agreement with NRJ Boston Opco LLC and NRJ TV Boston License Co.Evine- Entered agreement to allow NRJ to operate its local Boston television station on one-third of spectrum used in operation of station in perpetuity​.Evine Live Inc says total consideration payable to co under channel sharing agreement with NRJ is $3.5 million - SEC Filing.Evine LIVE- Agreed to sell all assets primarily related to boston station to affiliates of Wrnn-TV partnership pursuant to asset purchase agreement.Evine Live Inc - ‍Purchase price for boston station's assets is $10.0 million in cash, subject to an escrow holdback of $1.0 million​.Evine Live Inc - Plan to use proceeds received from transactions to pay in full remaining amounts due under our term loan with Gacp Finance Co., LLC.evine-‍closing of deals expected to have $3.5 million - $4.5 million nonrecurring benefit to net income that may be over multiple qtrs in fiscal 2017, 2018​.  Full Article

Evine Live sells its Boston television station for $13.5 mln
Wednesday, 30 Aug 2017 08:00am EDT 

Aug 30 (Reuters) - Evine Live Inc :Evine Live Inc agrees to sell its Boston television station for $13.5 million.Financial impact of this transaction is expected to cross multiple quarters.  Full Article

Evine Live reports Q2 share loss of $0.03
Wednesday, 23 Aug 2017 06:00am EDT 

Aug 23 (Reuters) - Evine Live Inc :Q2 per share loss of $0.03.Q2 sales $149 million versus I/B/E/S view of $150.7 million.Q2 earnings per share view of $ -0.03 according to Thomson Reuters I/B/E/S.Company ‍expects Q3 revenue growth in low single digits and net income and EPS that is slightly improved to prior year's Q3 results.Expect adjusted EBITDA to be in $18 million to $22 million range for FY 2017, which would be growth of 11% to 36% year over year​.  Full Article

Evine names Tim Peterman COO
Wednesday, 7 Jun 2017 08:00am EDT 

June 7 (Reuters) - Evine Live Inc :Evine announces the promotion of Tim Peterman to chief operating officer / chief financial officer.Evine Live Inc - ‍Tim Peterman has been promoted to chief operating officer / chief financial officer​.  Full Article

Evine live registers direct offering of common stock at a purchase price of $1.12/shr
Wednesday, 24 May 2017 05:08pm EDT 

May 24 (Reuters) - Evine Live Inc :Announces $4.5 million registered direct offering of common stock.Registered direct offering of common stock at a purchase price of $1.12 per share.Under offering, shares were sold to certain directors and executive officers of company at a price of $1.15 per share.  Full Article

Evine Live reports Q1 loss per share $0.05
Tuesday, 23 May 2017 06:00am EDT 

May 23 (Reuters) - Evine Live Inc -:Evine Live Inc reports first quarter 2017 results.Q1 loss per share $0.05.Q1 sales $156 million versus I/B/E/S view $153.6 million.Q1 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Sees Q2 revenue down 3 to 5 percent.Evine Live Inc says continue to expect slightly positive sales for fiscal 2017.Evine Live Inc - continue to expect slightly positive sales for fiscal 2017 and adjusted ebitda to be in $18 to $22 million range.Evine Live - for Q2, from profitability perspective, management expects company to post net income and eps that is in line with prior year's Q2 results.  Full Article

BRIEF-Evine Names Diana Purcel As Chief Financial Officer

* DIANA IS REPLACING TIM PETERMAN Source text for Eikon: Further company coverage: