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RMG Networks Holding Corp (RMGN.OQ)

RMGN.OQ on NASDAQ Stock Exchange Capital Market

1.12USD
17 Aug 2018
Change (% chg)

$-0.04 (-3.45%)
Prev Close
$1.16
Open
$1.15
Day's High
$1.15
Day's Low
$1.12
Volume
1,564
Avg. Vol
12,052
52-wk High
$2.69
52-wk Low
$0.75

Latest Key Developments (Source: Significant Developments)

Gregory Sachs Says July 31, Sent Letter To RMG Networks Holding Corp - SEC Filing
Wednesday, 1 Aug 2018 06:04pm EDT 

Aug 1 (Reuters) - RMG Networks Holding Corp ::GREGORY SACHS SAYS JULY 31, SENT LETTER TO RMG NETWORKS HOLDING CORP - SEC FILING.GREGORY SACHS - IN LETTER, CONCERNED ABOUT SPECIAL COMMITTEE'S CONSIDERATION OF PROPOSED ALTERNATIVE TRANSACTION WITH HALE CAPITAL PARTNERS AS POTENTIAL SUPERIOR PROPOSAL.  Full Article

RMG Networks Says Delivered A Notice To SCG Digital
Monday, 21 May 2018 05:06pm EDT 

May 21 (Reuters) - RMG Networks Holding Corp ::RMG NETWORKS - ON MAY 16, CO DELIVERED A NOTICE TO SCG DIGITAL, AND ELECTED TO EXTEND INITIAL GO SHOP END DATE UNTIL 11:59 P.M. ET ON JUNE 1, 2018.  Full Article

RMG Networks Holding Corp Files For Non-Timely 10-K With U.S. SEC
Tuesday, 3 Apr 2018 05:28pm EDT 

April 4 (Reuters) - RMG Networks Holding Corp ::RMG NETWORKS HOLDING CORP FILES FOR NON-TIMELY 10-K WITH U.S. SEC.  Full Article

RMG Networks Holding Corp Agrees To Be Acquired By SCG Digital, LLC
Tuesday, 3 Apr 2018 05:15pm EDT 

April 4 (Reuters) - RMG Networks Holding Corp ::RMG NETWORKS HOLDING CORPORATION AGREES TO BE ACQUIRED BY SCG DIGITAL, LLC.RMG STOCKHOLDERS WILL RECEIVE $1.27 IN CASH FOR EACH SHARE OF RMG'S COMMON STOCK THEY HOLD.SCG DIGITAL, LLC WILL ACQUIRE RMG IN A TRANSACTION VALUED AT APPROXIMATELY $16.8 MILLION.DEAL WILL INCLUDE THE ASSUMPTION OF APPROXIMATELY $2.65 MILLION OF DEBT.BOARD OF DIRECTORS OF RMG HAS APPROVED MERGER AGREEMENT.  Full Article

RMG reports Q3 GAAP loss per share $0.17
Tuesday, 7 Nov 2017 07:00am EST 

Nov 7 (Reuters) - RMG Networks Holding Corp :RMG Networks Holding Corp - ‍Anticipates revenue for full-year 2017 to be flat to down 3% versus 2016​.Rmg reports third quarter 2017 results.Q3 GAAP loss per share $0.17.Q3 revenue fell 8 percent to $8.8 million.RMG Networks Holding Corp- ‍Expects revenue in Q4 of 2017 to be impacted by recent launch of Korbyt platform​.RMG Networks Holding - ‍Expects revenue in Q4 of 2017 to be impacted by recent launch of Korbyt platform and an associated delay in key customer orders​.RMG Networks Holding Corp - ‍On November 6, 2017, company entered into an amended and restated loan and security agreement with Silicon Valley Bank​.RMG Networks Holding Corp - ‍Loan agreement renews and extends maturity date of its revolving line of credit to March 31, 2019​.  Full Article

RMG Networks reports Q2 GAAP loss per share $0.03
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - RMG Networks Holding Corp :RMG reports second quarter 2017 results.Q2 GAAP loss per share $0.03.Q2 revenue rose 4 percent to $9.1 million.RMG Networks Holding Corp - ‍reaffirms its guidance for full year 2017 of positive revenue growth in single-digit percentage range​.RMG Networks Holding Corp - ‍it will effect a 1-for-4 reverse stock split of its outstanding common stock​.  Full Article

RMG Networks Q1 loss per share $0.11
Thursday, 4 May 2017 07:00am EDT 

May 4 (Reuters) - RMG Networks Holding Corp :Rmg reports first quarter 2017 results.Q1 gaap loss per share $0.03.Q1 revenue rose 3 percent to $9.0 million.  Full Article

RMG says Q4 revenue rises 12 pct to $10.7 million
Thursday, 2 Mar 2017 07:00am EST 

RMG Networks Holding Corp : Reports fourth quarter and full year 2016 results . Q4 revenue rose 12 percent to $10.7 million . "Well positioned to increase annual revenues year-over-year and achieve positive adjusted. Ebitda on an annual basis in 2017" .Qtrly gaap loss from continuing operations of $1.0 million compared to a loss of $0.9 million in the third quarter of 2016.  Full Article

BRIEF-RMG Networks Says Delivered A Notice To SCG Digital

* RMG NETWORKS - ON MAY 16, CO DELIVERED A NOTICE TO SCG DIGITAL, AND ELECTED TO EXTEND INITIAL GO SHOP END DATE UNTIL 11:59 P.M. ET ON JUNE 1, 2018 Source text: (https://bit.ly/2rXsZJC) Further company coverage: