Edition:
United States

ZAGG Inc (ZAGG.OQ)

ZAGG.OQ on NASDAQ Stock Exchange Global Select Market

11.11USD
18 Jan 2019
Change (% chg)

$0.01 (+0.09%)
Prev Close
$11.10
Open
$11.18
Day's High
$11.23
Day's Low
$11.07
Volume
38,716
Avg. Vol
104,876
52-wk High
$19.35
52-wk Low
$8.24

Latest Key Developments (Source: Significant Developments)

Zagg Inc Acquires Halo For $43 Million In Cash And Stock
Thursday, 3 Jan 2019 04:05pm EST 

Jan 3 (Reuters) - ZAGG Inc ::ZAGG INC ACQUIRES HALO, A LEADING DIRECT-TO-CONSUMER MOBILE ACCESSORIES COMPANY WITH AN EXTENSIVE IP PORTFOLIO, FOR $43 MILLION IN CASH AND STOCK.ZAGG INC - DEAL FOR PURCHASE PRICE OF $43 MILLION.ZAGG INC - DEAL FOR TOTAL PURCHASE PRICE OF $43 MILLION IN A COMBINATION OF CASH AND STOCK..  Full Article

Strax Divests Its Gear4 Brand To Zagg
Friday, 30 Nov 2018 09:14am EST 

Nov 30 (Reuters) - Strax AB ::STRAX DIVESTS ITS GEAR4 BRAND TO ZAGG FOR MEUR 35 WITH POTENTIAL ADDITIONAL PAYMENTS OF MEUR 9.STRAX AB - 80 PERCENT OF PURCHASE PRICE TO BE PAID IN CASH AND 20 PERCENT WILL BE PAID IN SHARES IN ZAGG.STRAX AB - TRANSACTION WILL NEGATIVELY IMPACT STRAX'S CONSOLIDATED ANNUAL SALES BY MEUR 20-25, WILL REDUCE HEADCOUNT BY 17 FTES AND OPEX BY 8-10%.STRAX AB - TRANSACTION IS BASED ON A CASH AND DEBT-FREE BASIS.  Full Article

Zagg Inc Acquires Gear4 From Strax
Friday, 30 Nov 2018 09:01am EST 

Nov 30 (Reuters) - ZAGG Inc ::ZAGG INC ACQUIRES GEAR4, THE UK’S NO. 1 SMARTPHONE CASE BRAND, FROM STRAX.ZAGG INC - DEAL FOR FOR U.S. $40 MILLION.ZAGG INC - HAS ACQUIRED GEAR4 FROM STRAX AB.  Full Article

Zagg Inc Files For Mixed Shelf Of Upto $100 Million
Thursday, 8 Nov 2018 06:58am EST 

Nov 8 (Reuters) - ZAGG Inc ::ZAGG INC FILES FOR MIXED SHELF OF UPTO $100 MILLION - SEC FILING.  Full Article

Zagg Q3 Earnings Per Share $0.51
Tuesday, 6 Nov 2018 04:05pm EST 

Nov 6 (Reuters) - ZAGG Inc ::ZAGG REPORTS RECORD THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $0.51.Q3 EARNINGS PER SHARE VIEW $0.41 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 EARNINGS PER SHARE $1.30 TO $1.40.QTRLY NET SALES OF $141.1 MILLION, AN INCREASE OF 5%.ZAGG - SEES 2018 NET SALES OF ABOUT $535 MILLION.FY2018 EARNINGS PER SHARE VIEW $1.40, REVENUE VIEW $563.0 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Zagg Inc CEO Randy Hales To Retire
Wednesday, 7 Mar 2018 04:05pm EST 

March 7 (Reuters) - Zagg Inc ::ZAGG INC - RANDY HALES WILL RETIRE AS ZAGG'S PRESIDENT AND CEO.ZAGG INC - APPOINTED CHRIS AHERN, WHO HAS BEEN SERVING AS HEAD OF MOPHIE BRAND AND INTERNATIONAL BUSINESSES, TO SUCCEED HALES AS CEO.  Full Article

Zagg Inc reports Q3 earnings per share $0.34
Wednesday, 1 Nov 2017 05:51pm EDT 

Nov 1 (Reuters) - Zagg Inc :Update: Zagg reports 2017 third quarter and nine months results; company raises 2017 outlook.Q3 sales $134.4 million versus i/b/e/s view $128.2 million.Q3 earnings per share $0.34.Sees fy 2017 sales $500 million to $520 million.Q3 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.Fy2017 revenue view $493.3 million -- Thomson Reuters I/B/E/S.  Full Article

Zagg Q3 earnings per share $0.34
Wednesday, 1 Nov 2017 04:05pm EDT 

Nov 1 (Reuters) - Zagg Inc ::Zagg reports 2017 third quarter and nine months results; company raises 2017 outlook.Q3 sales $134.4 million versus I/B/E/S view $128.2 million.Q3 earnings per share $0.34.Sees fy 2017 sales $500 million to $520 million.Q3 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.Zagg Inc - ‍increases 2017 full year outlook​.Zagg inc sees ‍2017 net sales in range of $500.0 million to $520.0 million​.Zagg Inc sees ‍2017 adjusted ebitda in range of $75.0 million to $78.0 million​.Fy2017 revenue view $493.3 million -- Thomson Reuters I/B/E/S.Zagg inc sees ‍2017 gross margin in low to mid 30 percent range​.  Full Article

Zagg Q2 earnings per share $0.12
Tuesday, 1 Aug 2017 04:01pm EDT 

Aug 1 (Reuters) - Zagg Inc :Zagg reports 2017 second quarter and first half results; reiterates 2017 outlook of $470 to $500 million in net sales.Q2 sales $115.2 million versus I/B/E/S view $107.8 million.Q2 earnings per share $0.12.Sees FY 2017 sales $470 million to $500 million.Q2 earnings per share view $0.09 -- Thomson Reuters I/B/E/S.Reiterates 2017 full year outlook.  Full Article

Zagg says co, Keybank Zions Bank, lenders entered into third amendment agreement which amends original credit, security agreement of March 3, 2016
Monday, 17 Jul 2017 04:16pm EDT 

July 17 (Reuters) - Zagg Inc :Zagg says on July 17, co, Keybank Zions Bank, lenders entered into third amendment agreement which amends original credit, security agreement of March 3, 2016.Zagg Inc - Increase maximum revolving amount from $85.0 million to $135.0 million from July 17, 2017 to December 31, 2017 - SEC Filing.Zagg Inc - In connection with amendment, company also entered into replacement revolving credit notes with each of lenders.Zagg Inc - Increase maximum revolving amount from $85.0 million to $100.0 million from June 1, 2018 forward.Zagg Inc Says -Increase maximum revolving amount, as defined in credit agreement, from $85.0 million to $110.0 million from January 1, 2018 to May 31, 2018.Amendment increases letter of credit commitment, as defined in credit agreement, from $7.5 million to an aggregate amount of $40.0 million.Zagg Inc - Increase borrowing base, as defined in credit agreement, on a seasonal basis between August 1, 2017 and September 30, 2017 by $15.0 million.  Full Article