|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||1.28 - 1.29|
|52 Week Range||0.75 - 2.50|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 28, 2018 - Mar 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
Addison’s RMG Networks, after grappling with souring financials and rocky moments, has left the public markets and found new ownership with a private equity firm. Austin’s Virgo Capital, along with participation from existing investor Gregory H. Sachs, has led a transaction to convert the digital signage provider into to privately held entity, according to a statement. In addition, there are “several million dollars” that can be used for growth and acquisitions, according to Hemanth Parasuram, co-founder and managing director of Virgo.
RMG Networks Holding Corporation (RMGN), or RMG, a global leader in technology-driven visual communications, and SCG Digital, LLC (“Parent”), announced today that RMG’s stockholders voted to adopt and approve the previously announced merger agreement among RMG, Parent, SCG Digital Merger Sub, Inc. (“Merger Sub”) and SCG Digital Financing, LLC at a special meeting of RMG’s stockholders held on September 27, 2018. In addition, RMG’s stockholders voted to approve, on a non-binding, advisory basis, the compensation that named executive officers of RMG may receive in connection with the merger pursuant to agreements or arrangements with RMG.
DALLAS, Aug. 06, 2018-- RMG Networks Holding Corporation today announced that the special committee of the board of directors of the Company and the board of directors of the Company each held a meeting ...
Digital signage provider RMG Networks Holding Corporation (NASDAQ:RMGN) is a puzzle. RMG shares jumped as much as 150% today, before trimming back some gains to trade up about 65%. Why? Your guess is as good as anybody else's. There hasn't been a word's worth of news coming out of RMG since its last earnings report. In 3Q17, RMG lost $1.9 millón or ($0.19) per share on an 8% decline y/y in revenue to $8.8 million. Product sales declined 15% y/y to $3.5 million. The cash position at 3Q was $1.6 million and it had borrowed $700,000 under its credit facility with another $3.4 million available.
NEW YORK, NY / ACCESSWIRE / November 7, 2017 / RMG Networks Holding Corporation (NASDAQ: RMGN ) will be discussing their earnings results in their Q3 Earnings Call to be held on November 7, 2017 at 9:00 ...