Global Eagle Entertainment (ENT) Misses Q3 EPS by 6c
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Global Eagle Reports Financial Results for the Third Quarter of 2019
November 7, 2019 4:06 PM ESTRecord Quarterly Revenue of $170 millionNet Loss of $41.3 millionRecord Adjusted EBITDA* of $25.4 million up 37.7% versus prior-year period
LOS ANGELES, Nov. 07, 2019 (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, 2019. For the third quarter of 2019, Global Eagle recorded record revenue of $170 million; incurred a net loss of $41.3 million and generated record Adjusted EBITDA* of $25.4 million despite... More
