RMG Reports Fourth Quarter and Full Year 2016 Results

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RMG Networks (RMGN) Misses Q4 EPS by 11c

March 2, 2017 7:05 AM EST

RMG Networks (NASDAQ: RMGN) reported Q4 EPS of ($0.13), $0.11 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $10.7 million versus the consensus estimate of $12.84 million.

Total revenues of $10.7 million increased 12% sequentiallyLoss from continuing operations of $1.0 million; Adj. EBITDA(1) increased sequentially to $223 thousandAnnounced approx. $1 million in... More