|Bid||0.9203 x 800|
|Ask||0.9260 x 1200|
|Day's Range||0.9001 - 0.9705|
|52 Week Range||0.7500 - 4.1500|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 16, 2018 - Oct 20, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.00|
Arlington Capital Partners paid $75 million in cash to create Herndon-based Tyto Athene.
Arlington Capital Partners (“Arlington”), a Washington, DC-based private equity firm, today announced it has completed the acquisition of the Government Solutions division of Black Box Corporation (BBOX). Going forward, the business will operate independently as Tyto Athene (the “Company” or “Tyto Athene”). Tyto Athene is a full-service systems integrator and managed services provider of communications systems for Department of Defense and Civilian agency enterprise operations worldwide.
Black Box Corporation (BBOX), a leading digital solutions provider, announced that it has closed on its previously announced agreement to sell its Federal Government IT Services Business (the “Federal Business”) to Arlington Capital Partners, a leading private equity firm with a focus on businesses in government services and other adjacent markets, for a cash purchase price of $75 million. Arlington Capital Partners purchased 100% of the equity interests of the Federal Business on a debt-free, cash-free basis. Raymond James & Associates and Jones Day represented Black Box in this transaction.
On a per-share basis, the Lawrence, Pennsylvania-based company said it had a loss of 48 cents. Losses, adjusted for non-recurring costs, were 28 cents per share. The communications equipment supplier posted ...
Black Box Corp. announced the sale of its federal government IT services business to a private equity firm. The division was sold for $75 million to an undisclosed buyer, with closing planned by the end of the month, according to a news release. The proceeds of the sale will be used to pay down debts, while Black Box (Nasdaq: BBOX) continues to explore "all other strategic alternatives ... to address its liquidity needs including, among others, refinancing, restructuring and the sale of some or all of the remaining businesses of the company," the release said.
NEW YORK, NY / ACCESSWIRE / August 20, 2018 / Black Box Corporation (NASDAQ: BBOX ) will be discussing their earnings results in their Q1 Earnings Call to be held on August 20, 2018 at 9:00 AM Eastern ...
Black Box Corporation (BBOX), a leading digital solutions provider, announced that it has entered into a definitive agreement to sell its Federal Government IT Services Business (the “Federal Business”) to a private equity firm for a cash purchase price of $75 million. The buyer has agreed to purchase 100% of the equity interests of the Federal Business on a debt-free, cash-free basis. Consummation of the transaction is subject to customary closing conditions and the parties anticipate a closing on or before August 31, 2018. Raymond James & Associates and Jones Day are representing Black Box in this transaction. While the entry into a definitive agreement for the sale of the Federal Business is a significant milestone for Black Box, the Company also remains focused on exploring all other strategic alternatives with the assistance of Raymond James and Jones Day to address its liquidity needs including, among others, refinancing, restructuring and the sale of some or all of the remaining businesses of the Company. This process reflects the continued commitment of the Board of Directors of the Company to act in the best interests of the Company and to maximize value for the Company’s stockholders.
PITTSBURGH, Aug. 14, 2018-- Black Box Corporation, a leading digital solutions provider, will release its first quarter of Fiscal 2019 financial results on Monday, August 20, 2018. The Company plans to ...
PITTSBURGH, Aug. 13, 2018-- Black Box Corporation, a leading digital solutions provider, today announced its line of Secure KVM Switches has been added to the National Information Assurance Partnership ...
PITTSBURGH, Aug. 01, 2018-- Black Box Corporation, a leading digital solutions provider, announced today that it has received an extension from its lenders regarding the timing of the execution of a definitive ...
Research coverage has been initiated by WallStEquities.com on Ability Inc. (NASDAQ: ABIL), Black Box Corp. (NASDAQ: BBOX), Turtle Beach Corp. (NASDAQ: HEAR), and Harmonic Inc. (NASDAQ: HLIT). On Monday, shares in Tel Aviv, Israel headquartered Ability Inc. recorded a trading volume of 151,024 shares.
If you want access to our free earnings report on ADTRAN, Inc. (NASDAQ: ADTN), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=ADTN. The Company reported its financial results on July 17, 2018, for the second quarter of the fiscal year 2018 (Q2 FY18). Active-Investors.com is currently working on the research report for Black Box Corporation (NASDAQ: BBOX), which also belongs to the Technology sector as the Company ADTRAN.
The publicly traded company, based in Lawrence, Pa., saw its revenue decline by 9.5% to $774.6 million compared with $855.7 million in the prior year. Black Box informed investors about its auditor’s going-concern warning — often a signal that the company may need to file for bankruptcy protection — earlier this month in a regulatory filing. took steps to downplay the warning, saying Black Box is taking steps to remedy the issue.
The Lawrence, Pennsylvania-based company said it had a loss of $3.37 per share. Losses, adjusted for non-recurring costs, came to 40 cents per share. The communications equipment supplier posted revenue ...
PITTSBURGH, July 16, 2018-- Black Box Corporation, a leading digital solutions provider dedicated to helping customers design, build, manage and secure their IT infrastructure, today reported results for ...
NEW YORK, NY / ACCESSWIRE / July 16, 2018 / Black Box Corporation (NASDAQ: BBOX ) will be discussing their earnings results in their Q4 Earnings Call to be held on July 16, 2018 at 10:00 AM Eastern Time. ...
PITTSBURGH, July 11, 2018-- Black Box Corporation, the trusted digital partner for enterprises across the globe, will release its fourth quarter of Fiscal 2018 financial results on Monday, July 16, 2018. ...