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Numerex Corp (NMRX.OQ)

NMRX.OQ on NASDAQ Stock Exchange Global Select Market

3.47USD
20 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Numerex qtrly loss per share $0.57
Friday, 17 Mar 2017 

Numerex Corp : Numerex reports fourth quarter and full year 2016 financial results . Q4 revenue $17.6 million versus i/b/e/s view $17.6 million . Qtrly loss per share $0.57 . Numerex corp - is unable to file its annual report on form 10-k in a timely manner .Numerex- delay is principally due to need to devote additional time, resources to renegotiating or refinancing company's outstanding senior indebtedness.  Full Article

Numerex Corp files for non-timely 10-K
Thursday, 16 Mar 2017 

Numerex Corp : Numerex Corp files for non-timely 10-K . Numerex says delay in filing 10-K principally due to need to devote additional time & resources to renegotiating outstanding senior indebtedness . Numerex says since early February 2017, management had been engaged in active negotiations to refinance the company's senior indebtedness . Numerex says on March 14, 2017, despite its commitment, the potential lender informed management that it determined not to fund the loan . Numerex - as of March 17, co will not be in compliance with some covenants in loan agreement, as amended, or as of December 31, 2016 . Numerex - Co's management in discussions with existing & potential financing sources to restructure its senior indebtedness, obtain alternative financing . Numerex - will file the form 10-K as soon as practicable and within the 15 day extension period .Numerex - Absent waiver of senior indebtedness before filing annual report, believes it will reclassify long-term debt as current liability as of Dec 31, 2016.  Full Article

Numerex reports Q1 2016 financial results
Tuesday, 10 May 2016 

Numerex Corp : Qtrly basic and diluted loss per share $0.12 . Numerex reports first quarter 2016 financial results .Q1 revenue $18.1 million versus i/b/e/s view $18.5 million.  Full Article

BRIEF-NUMEREX ‍SCHEDULES SPECIAL MEETING OF SHAREHOLDERS TO APPROVE MERGER WITH SIERRA WIRELESS

* NUMEREX - ‍SCHEDULED SPECIAL MEETING TO CONSIDER, VOTE ON PROPOSAL TO APPROVE AND ADOPT DEAL BY AND AMONG CO, SIERRA WIRELESS, WIRELESS ACQUISITION SUB​ Source text for Eikon: Further company coverage: