RMG Networks (RMGN) Misses Q4 EPS by 11c
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RMG Reports Fourth Quarter and Full Year 2016 Results
March 2, 2017 7:00 AM ESTDALLAS, TX -- (Marketwired) -- 03/02/17 -- RMG Networks Holding Corporation (NASDAQ: RMGN)
Fourth Quarter Highlights
Total revenues of $10.7 million increased 12% sequentially Loss from continuing operations of $1.0 million; Adj. EBITDA(1) increased sequentially to $223 thousand Announced approx. $1 million in contracts with two Global Healthcare Providers Success with Supply Chain pilot, with customer contracting ($250 thousand sales order) for first phase of rollout with potential for many additional locations Generated over $100 thousand dollars in initial sales with our new channel partner Airbus DS Communications Closed initial sale of... More