RMG Networks News

Etisalat Selects RMG Networks For Continued Expansion of Large Multiphase Retail Project in the UAE

DALLAS, TX -- (Marketwired) -- 02/01/16 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks™, a leading provider of technology-driven visual communications, today announced that it has been awarded an order to begin the second phase implementation for Etisalat's new in-store digital signage retail deployment. This award follows the phase one contract announced in July 2015. The project is one of the largest retail developments of its kind in the Middle East.

Continue reading →

RMG Networks Reports Robust Sequential Revenue Growth for Third Quarter of 2015

Continues Strong Progress on Key Strategic Initiatives; Further Reduces Quarterly Cash Operating Expenses(1); Significant Narrowing of Adjusted EBITDA Loss(1)

DALLAS, TX -- (Marketwired) -- 11/12/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN)

Third Quarter Highlights

  • Total revenues1 of $10.2 million increased 9% sequentially
  • Product revenues1 increased 10% sequentially
  • Professional Services revenue1 increased 38% sequentially, reflecting increased realization rates
  • Cash operating expenses1 reduced 10% sequentially
  • Announced multimillion dollar contract to provide transformational retail solution
  • Experienced strong customer acceptance following the launch of largest software platform upgrade in over five years
  • Completed strategic divestiture of Airline Media Network business

RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks™, a leading provider of technology-driven visual communications solutions, today announced its financial results for the third quarter ended September 30, 2015

Continue reading →

RMG Networks Selected as Top 20 Promising Supply Chain Solution Provider

CIOReview Annual List Recognizes RMG Networks for Expertise in Providing Solutions and Services Across Supply Chain Ecosystem

DALLAS, TX -- 11/5/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks, a leading provider of technology-driven visual communications solutions, announced today that it was chosen by CIOReview for its 20 Most Promising Supply Chain Solution Providers. The positioning is based on evaluation of RMG Networks capabilities in increasing supply chain and logistics productivity through intelligent digital signage solutions.

Continue reading →

RMG Networks Secures New Revolving Credit Facility From Silicon Valley Bank

DALLAS, TX -- (Marketwired) -- 11/04/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks™, a leading provider of technology-driven visual communications solutions, announced today that it has entered into a new $7.5 million revolving credit facility with Silicon Valley Bank. The credit facility has a scheduled maturity date of October 13, 2017.

Continue reading →

RMG Networks CEO Bob Michelson to Speak at DailyDOOH Conference

Conference to be held in conjunction with New York Digital Signage Week

DALLAS, TX -- 10/26/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG NetworksTM, a leading provider of technology-driven visual communications, announced that RMG Networks CEO, Bob Michelson, will be speaking at the upcoming DailyDOOH Investor Conference to be held on November 4, at the TriBeCa Conference Room in New York City. The DailyDOOH Investor Conference is a one-day event held as part of New York Digital Signage Week occurring November 2-6. 

Continue reading →