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xG Technology Inc (XGTI.OQ)

XGTI.OQ on NASDAQ Stock Exchange Capital Market

0.74USD
15 Jun 2018
Change (% chg)

$-0.01 (-0.84%)
Prev Close
$0.75
Open
$0.72
Day's High
$0.75
Day's Low
$0.72
Volume
8,535
Avg. Vol
31,153
52-wk High
$2.64
52-wk Low
$0.65

Latest Key Developments (Source: Significant Developments)

xG Technology Q1 Loss Per Share $0.25
Tuesday, 15 May 2018 05:25pm EDT 

May 15 (Reuters) - xG Technology Inc ::XG TECHNOLOGY ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 2018.Q1 LOSS PER SHARE $0.25.Q1 REVENUE ROSE 4.3 PERCENT TO $9.7 MILLION.  Full Article

xG Technology - Awarded Subcontract From Leidos To Provide Interference Mitigation Solutions And Simulation Models
Wednesday, 29 Nov 2017 07:30am EST 

Nov 29 (Reuters) - xG Technology Inc ::XG TECHNOLOGY - AWARDED SUBCONTRACT FROM LEIDOS TO PROVIDE INTERFERENCE MITIGATION SOLUTIONS AND SIMULATION MODELS.  Full Article

xG ‍Technology Q3 loss per shr $0.43
Tuesday, 14 Nov 2017 07:24pm EST 

Nov 14 (Reuters) - xG Technology Inc :xG Technology reports third quarter 2017 results and conference call.Q3 loss per share $0.43.Sees Q4 2017 revenue about $20 million.‍Qtrly revenues for quarter were $10.2 million compared to $1.9 million​.  Full Article

XG Technology and Tesacom sign memorandum of understanding to provide mobile broadband and video communications solutions in Latin America
Tuesday, 7 Nov 2017 08:10am EST 

Nov 7 (Reuters) - XG Technology Inc :XG Technology and Tesacom sign memorandum of understanding to provide mobile broadband and video communications solutions in Latin America.XG Technology Inc - Focus of agreement will be defense, security and commercial sectors.XG Technology - Co,Tesacom will also explore opportunities for sale of IMT and Vislink Equipment in Latin America​.XG Technology Inc - ‍Signed a MOU with Buenos Aires-based Tesacom for resale of Xmax, IMT and Vislink products and solutions in Latin America​.  Full Article

xG Technology reports Q2 shr loss of $0.09
Monday, 14 Aug 2017 06:24pm EDT 

Aug 14 (Reuters) - Xg Technology Inc :xG Technology reports second quarter and first half 2017 results and conference call.Q2 loss per share $0.09.Q2 revenue $14.6 million versus $1.7 million.  Full Article

xG Technology's Vislink receives orders worth about $1 mln for deploying its camera systems in china
Monday, 17 Jul 2017 12:30pm EDT 

July 17 (Reuters) - xG Technology Inc ::xG Technology's Vislink business receives orders worth approximately $1 million for HCAM HEVC 4K Wireless Camera Systems deployment in China.Delivery of all systems is expected to take place by end of 2017.The orders are part of global pre-orders exceeding over $2.5 million received by Vislink for its latest wireless camera technology.  Full Article

XG Technology sees Q2 2017 revenue $14.1 mln to $14.5 mln
Thursday, 13 Jul 2017 07:00am EDT 

July 13 (Reuters) - XG Technology Inc ::XG Technology announces preliminary financial results that exceed analyst expectations with record revenue for the second quarter 2017.Sees Q2 2017 revenue $14.1 million to $14.5 million.XG Technology Inc - anticipate will report positive EBITDA (earnings before interest, taxes, depreciation and amortization) and net income for q2 2017.XG Technology Inc - XG expects to end q2 2017 with approximately $4.6 million in cash.XG Technology Inc - continues to work on reducing non-essential costs towards goal of being cash flow positive for year.  Full Article

XG Technology responds to law firm claim
Monday, 26 Jun 2017 07:00am EDT 

June 26 (Reuters) - Xg Technology Inc ::Xg Technology - co is aware of press release by Purcell Julie & Lefkowitz, Llp claiming alleged potential breach of fiduciary duty involving co's board.Xg Technology Inc - company has received no communication of any kind from Purcell Julie & Lefkowitz, Llp regarding claim.Xg Technology - no claim or allegation has been made by any shareholders or regulatory body about breach of fiduciary duty.  Full Article

xG Technology's IMT and Vislink businesses announces $3 mln in new order and pre-order commitments
Wednesday, 24 May 2017 07:45am EDT 

May 24 (Reuters) - xG Technology Inc : :xG Technology Inc - IMT and Vislink businesses have received approximately $3 million in new order and pre-order commitments.  Full Article

XG Technology on May 19 entered into purchase agreement, registration rights agreement with Lincoln Park Capital Fund
Tuesday, 23 May 2017 04:46pm EDT 

May 23 (Reuters) - Xg Technology Inc ::XG Technology Inc- on May 19 entered into a purchase agreement and a registration rights agreement with Lincoln Park Capital Fund.XG Technology - under terms, co has right to sell to Lincoln Park, Lincoln Park is obligated to purchase up to $15 million in shares of co's common stock.  Full Article

BRIEF-Xg Technology's IMT Vislink Business Awarded $1.4 Million Order

* SAYS IMT VISLINK BUSINESS AWARDED $1.4 MILLION ORDER TO SUPPLY AIRBORNE VIDEO DOWNLINK SOLUTIONS TO U.S. AIR FORCE Source text for Eikon: Further company coverage: