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Global Eagle Entertainment Inc (ENT.OQ)

ENT.OQ on NASDAQ Stock Exchange Capital Market

1.12USD
25 Apr 2018
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$-0.05 (-4.27%)
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Latest Key Developments (Source: Significant Developments)

Global Eagle Qtrly Loss Per Share $1.51
Tuesday, 3 Apr 2018 

April 2 (Reuters) - Global Eagle Entertainment Inc ::GLOBAL EAGLE REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FULL YEAR 2017.Q4 REVENUE $160 MILLION VERSUS I/B/E/S VIEW $154.5 MILLION.QTRLY LOSS PER SHARE $1.51.IN Q4, RECORDED NON-CASH IMPAIRMENT CHARGES OF $106 MLN RELATED TO CONNECTIVITY BUSINESS UNITS, INCLUDING ONE OF ITS JVS.  Full Article

Global Eagle Entertainment Inc Files For Non-Timely 10-K - SEC Filing
Saturday, 17 Mar 2018 

March 16 (Reuters) - Global Eagle Entertainment Inc ::GLOBAL EAGLE ENTERTAINMENT INC FILES FOR NON-TIMELY 10-K - SEC FILING.GLOBAL EAGLE ENTERTAINMENT INC SAYS PLANS TO FILE ITS 2017 FORM 10-K ON OR BEFORE APRIL 2, 2018.  Full Article

Jeff Leddy Named Executive Chairman Of Global Eagle Entertainment
Friday, 9 Mar 2018 

March 8 (Reuters) - Global Eagle Entertainment Inc ::JEFF LEDDY APPOINTED EXECUTIVE CHAIRMAN OF GLOBAL EAGLE ENTERTAINMENT.GLOBAL EAGLE ENTERTAINMENT INC - ‍APPOINTED JOSH MARKS TO POSITION OF CHIEF EXECUTIVE OFFICER​.  Full Article

Global Eagle Announces $150 Million Investment From Searchlight Capital Partners
Friday, 9 Mar 2018 

March 8 (Reuters) - Global Eagle Entertainment Inc ::GLOBAL EAGLE ANNOUNCES $150 MILLION INVESTMENT FROM SEARCHLIGHT CAPITAL PARTNERS.GLOBAL EAGLE ENTERTAINMENT - ‍NOTES INCLUDE INITIAL PAYMENT-IN-KIND INTEREST AT 12% PER ANNUM THAT LATER CONVERTS TO PAYMENT IN CASH AT 10% PER ANNUM​.GLOBAL EAGLE ENTERTAINMENT - SEARCHLIGHT CAPITAL PARTNERS WILL GET $150 MILLION AGGREGATE PRINCIPAL AMOUNT OF CO'S NEW SECOND-LIEN NOTES DUE JUNE 30, 2023.GLOBAL EAGLE ENTERTAINMENT - CO INTENDS TO USE PORTION OF PROCEEDS FROM TRANSACTION TO REPAY FULL $78 MILLION PRINCIPAL BALANCE ON CO'S CREDIT FACILITY.GLOBAL EAGLE ENTERTAINMENT - INTENDS TO APPOINT RIC ZINTERHOFER AND ERIC SONDAG, BOTH PARTNERS AT SEARCHLIGHT, TO CO'S BOARD.  Full Article

Global Eagle Reports Financial Results For First Three Quarters Of 2017
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Global Eagle Entertainment Inc ::GLOBAL EAGLE REPORTS FINANCIAL RESULTS FOR FIRST THREE QUARTERS OF 2017.GLOBAL EAGLE - ‍HAS BEEN COMPLIANT WITH FINANCIAL COVENANTS IN CREDIT AGREEMENT AND EXPECTS TO CONTINUE TO REMAIN IN COMPLIANCE THROUGHOUT 2018​.  Full Article

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

BRIEF-Global Eagle Qtrly Loss Per Share $1.51

* GLOBAL EAGLE REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FULL YEAR 2017