News

RMG Networks Increases Labor Productivity up to 20% for Distribution Centers with New Visual Supply Chain Solution


DALLAS, TX -- (Marketwired) -- 04/16/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networksa leading provider of technology-driven visual communications, announces the introduction of its new Labor Productivity Improvement solution for supply chain warehouses and distribution centers that is designed to improve supply chain efficiency by up to 20 percent.

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RMG Networks Reports Fourth Quarter and Year End 2014 Results

Reports Fourth Quarter Adjusted Revenue(1) Growth of 32% With Stable Adjusted Gross Margins and Improved Adjusted EBITDA Compared to Prior Quarter

DALLAS, TX -- (Marketwired) -- 03/31/15 --

RMG Networks Holding Corporation (NASDAQ: RMGN)

Fourth Quarter Highlights

  • Total adjusted revenue1 of $18.6 million increased 32% from the third quarter 2014
  • Adjusted EBITDA loss1 of $1.3 million represented a $0.9 million improvement from the third quarter 2014
  • Brought to market the first product of 'Six New Products in Six Months' initiative
  • Subsequent to year-end and as previously disclosed, issued $25 million in convertible preferred stock; offering was comprised of $15 million to convert entire senior debt facility and $10 million of new gross cash proceeds
  • Subsequent to year-end and as previously disclosed, entered into a non-binding letter of intent to sell Airline Media Networks business

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RMG Networks to Report Fourth Quarter and Year End 2014 Financial Results on Tuesday, March 31, 2015

Conference Call Scheduled for Tuesday, March 31, 2015 at 9 a.m. Eastern Time

DALLAS, TX -- (Marketwired) -- 03/27/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks, a leading provider of technology-driven visual communications solutions, today announced that it will release results for its fourth quarter and full year ended December 31, 2014, before the market opens on Tuesday, March 31, 2015.

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RMG Networks Raises $25 Million in Private Placement of Convertible Preferred Stock

Existing Senior Debt Facility to Fully Convert in Connection With the Transaction; Net Proceeds to Service Liquidity Needs and Fund Growth Initiatives

DALLAS, TX -- (Marketwired) -- 03/25/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks, a leading provider of technology-driven visual communications solutions, today announced the sale of $25 million in Series A Convertible Preferred Stock (the "Preferred Stock") to institutional and accredited investors (the "Financing"). The Financing is comprised of $15 million from the full conversion of the company's existing senior debt facility and approximately $10 million in new capital, prior to the payment of fees and other transaction expenses. With the conversion of its senior credit facility, the company expects to be debt free, with the exception of capital leases.

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RMG Networks Signs Non-Binding LOI To Sell Its Airline Media Network Business

Company to Reschedule Year-End Earnings Release and Conference Call; Management Expects No Changes From Previously Announced Preliminary Results

DALLAS, TX -- (Marketwired) -- 03/19/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks, a leading provider of technology-driven visual communications solutions, announced today it has entered into discussions with certain unaffiliated third parties regarding the proposed sale of its Media business, also known as the RMG Airline Media Network. The contemplated sale does not include the RMG Office Media Network.

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RMG Networks Expects Sequential Adjusted Revenue Growth to Exceed 30% in the Fourth Quarter with Stable Adjusted Gross Margin and Improved Adjusted EBITDA

Anticipates Quarterly Adjusted Revenue of Approximately $18.6 Million for Fourth Quarter 2014 and Adjusted Revenue of Approximately $61.8 Million for Full-Year 2014

DALLAS, TX -- (Marketwired) -- 03/09/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks, a leading provider of technology-driven visual communications solutions, today announced preliminary financial results for its fourth quarter and full year ended December 31, 2014.

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RMG Networks To Present at the 27th Annual ROTH Conference

CEO Robert Michelson and COO Loren Buck to Present on March 9, 2015

DALLAS, TX -- (Marketwired) -- 02/25/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networksa leading provider of technology-driven visual communications solutions, today announced that Robert Michelson, Chief Executive Officer, and Loren Buck, Chief Operating Officer, will present at the 27th Annual ROTH Conference at 11:30 a.m. PT, on Monday, March 9, 2015. The conference will be held March 8-11, 2015 at The Ritz Carlton in Dana Point, California. RMG Networks management will be available during the day on March 9 for one-on-one meetings. Please contact your ROTH representative to schedule a meeting.

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