RMG Networks (RMGN) Announces Narrower Q2 Loss

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RMG Networks Reports Second Quarter 2015 Results

August 13, 2015 6:00 AM EDT

DALLAS, TX -- (Marketwired) -- 08/13/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN)

Second Quarter Highlights

Product revenue increased 32% sequentially, reflecting improved sales execution Maintenance revenue increased 4% sequentially, stabilizing from recent quarterly declines Total revenues from continuing operations were $9.3 million Launched largest software platform upgrade in over five years ahead of schedule Subsequent to quarter-end, completed strategic divestiture of Airline Media Network business Subsequent to quarter-end, awarded multimillion dollar contract to provide transformational retail solution, representing one of the largest project wins in RMG... More