Global Eagle Entertainment (ENT) Misses Q3 EPS by 18c

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Go back to Global Eagle Entertainment (ENT) Misses Q3 EPS by 18c

Global Eagle Reports Financial Results for the Third Quarter of 2018

November 8, 2018 4:11 PM EST

Strong revenue growth in both Media & Content and Connectivity segmentsOperating expense savings initiative remains on trackInitial Air France installations have been completed

LOS ANGELES, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Global Eagle Entertainment Inc. (Nasdaq: ENT) (Global Eagle, the Company or we), a leading provider of media, content, connectivity and data analytics to markets across air, sea and land, today announced financial results for the third quarter ended September 30, 2018.  For the third quarter of 2018, Global Eagle recorded revenue of $164 million; incurred a net loss of $43.2 million; and generated Adjusted EBITDA* of $18.4... More