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Global Eagle Entertainment Inc (ENT.OQ)

ENT.OQ on NASDAQ Stock Exchange Capital Market

2.74USD
20 Jul 2018
Change (% chg)

$-0.02 (-0.72%)
Prev Close
$2.76
Open
$2.74
Day's High
$2.78
Day's Low
$2.70
Volume
41,214
Avg. Vol
198,839
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$3.75
52-wk Low
$0.87

Latest Key Developments (Source: Significant Developments)

Global Eagle Entertainment Entered Fifth Amendment To Limited Waiver & Fifth Amendment To Credit Agreement
Thursday, 28 Dec 2017 

Dec 27 (Reuters) - Global Eagle Entertainment Inc ::GLOBAL EAGLE ENTERTAINMENT - ON DEC 22, CO ENTERED FIFTH AMENDMENT TO LIMITED WAIVER & FIFTH AMENDMENT TO CREDIT AGREEMENT RELATING TO JAN 6 CREDIT AGREEMENT.GLOBAL EAGLE ENTERTAINMENT SAYS AS PER FIFTH AMENDMENT, CO WILL NOW HAVE UNTIL JAN 31, 2018 TO DELIVER ITS 2017 QTRLY FINANCIAL STATEMENTS - SEC FILING.  Full Article

Global Eagle Entertainment Says Expects Q3 2017 Revenue To Be Between $151 Million And $156 Million
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Global Eagle Entertainment Inc ::GLOBAL EAGLE ENTERTAINMENT SAYS EXPECTS Q3 2017 REVENUE TO BE BETWEEN $151 MILLION AND $156 MILLION - SEC FILING.  Full Article

Global Eagle announces fourth quarter and full year 2016 results
Thursday, 19 Oct 2017 

Oct 18 (Reuters) - Global Eagle Entertainment Inc ::Global Eagle announces fourth quarter and full year 2016 results.Q4 revenue $165 million versus I/B/E/S view $157.1 million.  Full Article

Global Eagle Entertainment posts unaudited financial results for Q4 2016
Thursday, 19 Oct 2017 

Oct 18 (Reuters) - Global Eagle Entertainment Inc :Global Eagle Entertainment -audit committee concluded carrying value of goodwill of former maritime & land connectivity segment exceeded implied fair value.Global Eagle Entertainment - co must record non-cash goodwill impairment charge of $64.0 million in Q4 of 2016​.Global eagle entertainment-during q1 of 2017, due to significant decline in price of co's common stock, assessed for impairment carrying value of goodwill.Global Eagle Entertainment- committee concluded co must recognize non-cash goodwill impairment charge in Q1 for maritime & land connectivity segment​.Global Eagle Entertainment Inc - ‍preliminarily estimate additional impairment charge in Q1 will be $75.0 million to $80.0 million​.Global Eagle Entertainment says additional impairment in Q1 will not result in any current or future cash expenditures.Global Eagle Entertainment - ‍do not anticipate further impairments in carrying value of goodwill associated with the segment in Q2 or Q3 2017​.  Full Article

Global Eagle Entertainment ‍enters into extension letter
Friday, 13 Oct 2017 

Oct 12 (Reuters) - Global Eagle Entertainment Inc :Global eagle entertainment- ‍entered into extension letter dated as of oct 6, among co, lenders party thereto related to credit agreement as of jan 6​.  Full Article

Global Eagle Entertainment, Qatar Airways sign content services agreement
Tuesday, 25 Oct 2016 

Global Eagle Entertainment Inc : Press release - Global Eagle Entertainment and Qatar Airways sign content services agreement .Company to provide inflight entertainment content services on Qatar Airways' commercial airliners, charter aircraft, executive business jets.  Full Article

Global Eagle Entertainment files for resale of up to 9.9 mln shares of co's common stock
Wednesday, 12 Oct 2016 

Global Eagle Entertainment Inc : Files for resale of up to 9.9 million shares of co's common stock by selling stockholders - SEC filing Source: (http://bit.ly/2dZB8Vo) Further company coverage: [ENT.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Global Eagle entered into settlement with UMG Recordings, Capitol Records, LLC, Universal Music Corp
Saturday, 13 Aug 2016 

Global Eagle Entertainment Inc : Co, units entered into settlement agreement dated as of Aug 9 with UMG Recordings, Inc., Capitol Records, LLC, Universal Music Corp . Settlement agreement for resolving all claims relating to lawsuit filed by UMG against Co for music copyright infringement,related claims . Co agreed to compensate UMG and/or its designees ,a cash payment of $15 million plus issuance by co of 1.4 million shares of its common stock . Settlement agreement defines “UMG content” as original works of authorship owned or controlled by UMG or its affiliates .Settlement agreement also includes, on or prior to March 31, 2017, a cash payment of $5 million.  Full Article

Global Eagle sees FY revenue of $545-575 mln
Tuesday, 9 Aug 2016 

Global Eagle Entertainment Inc Sees Fy Capital Expenditures In Range Of $40 : Q2 revenue $112.3 million versus i/b/e/s view $115.2 million . GEE announces strong second quarter 2016 results . GEE is updating its full-year 2016 guidance given its acquisition of emc . Global Eagle Entertainment Inc sees fy capital expenditures in range of $40-45 mln . GEE sees fy revenue of $545-575 mln . GEE sees fy adjusted ebitda of $80-92 mln . Global Eagle Entertainment Inc qtrly loss per share $0.49 .Q2 revenue view $115.2 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Global Eagle Entertainment Files For Non-Timely 10-Q

* GLOBAL EAGLE ENTERTAINMENT INC FILES FOR NON-TIMELY 10-Q - SEC FILING Source text: [https://bit.ly/2rx01iT] Further company coverage: