LOS ANGELES, March 05, 2020 -- Global Eagle Entertainment Inc. (Nasdaq: ENT) (“Global Eagle”), a leading provider of media, content, connectivity and data analytics to markets.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Global Eagle Entertainment Inc. New York, November 20, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Global Eagle Entertainment Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Shares of Global Eagle Enter (NASDAQ:ENT) are trading lower after the company reported Q4 results.Quarterly Results Earnings per share rose 39.06% over the past year to ($0.39), which missed the estimate of ($0.34).Revenue of $162,902,000 higher by 1.43% year over year, which missed the estimate of $165,050,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Q1 revenue expected between $157,000,000 and $157,000,000.Conference Call Details Date: Mar 19, 2020View more earnings on ENTTime: 01:04 PM ETWebcast URL: https://edge.media-server.com/mmc/p/y8w4e4mmTechnicals 52-week high: $1.8052-week low: $0.06Price action over last quarter: down 78.61%Company Description Global Eagle Entertainment Inc provides content, connectivity, and digital media solutions for the travel industry worldwide. It operates in two segments, Media & Content and Connectivity. The Media & Content buys, produces, manages, distributes, and provides post-production services and wholly-owned and licensed media content, video and music programming, advertising, applications, and video games for and to the airline, maritime, and other away from home non-theatrical markets. The Connectivity segment provides satellite-based connectivity services to enterprise and government customers in the aviation, maritime, and land vertical markets. The company operates in the United States, Canada, Europe, Asia and the Middle East.See more from Benzinga * 5 Communication Services Stocks Moving In Thursday's Pre-Market Session * 7 Entertainment Stocks Moving In Monday's Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Moody's Investors Service ("Moody's") today downgraded the corporate family rating (CFR) of Global Eagle Entertainment, Inc. to Caa2 from B3, the probability of default rating (PDR) to Caa2-PD from B3-PD and the rating on the company's senior secured bank credit facilities to B3 from B1. Moody's also downgraded Global Eagle's speculative grade liquidity rating to SGL-4 from SGL-2.
Global Eagle Entertainment (ENT) delivered earnings and revenue surprises of -15.38% and 6.63%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Record 2019 Revenue of $657 million2019 Net Loss of $153.4 million2019 Adjusted EBITDA* of $91.2 million 4Q19 Revenue of $163 million4Q19 Net Loss of $36.1 million4Q19 Adjusted.
NEW YORK, NY / ACCESSWIRE / March 19, 2020 / Global Eagle Entertainment, Inc. (NASDAQ:ENT) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 19, 2020 ...
Q4 2019 Global Eagle Entertainment Inc Earnings Call
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]
Global Eagle Entertainment (ENT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Q3 2019 Global Eagle Entertainment Inc Earnings Call
PETAH TIKVA, Israel, Nov. 14, 2019 -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services,.
Global Eagle's woes illustrate how the crisis gripping the airline industry as a result of the coronavirus pandemic is spreading to some industry suppliers. Global Eagle, which carries roughly $1 billion in total liabilities, has hired investment bankers and lawyers who specialize in renegotiating companies' debt obligations or reorganizing them in bankruptcy proceedings, the sources said. A bankruptcy filing for Global Eagle is not imminent and the company is exploring other ways to address its strained finances, including seeking relief from lenders, the sources added.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
The Rights Plan will expire on December 31, 2020. “The Board and management team are committed to the best interests of all of the Company’s stockholders,” commented Chairman of the Board Jeff Leddy. The Rights Plan is intended to promote the fair and equal treatment of all Global Eagle stockholders and ensure that no person or group can gain control of Global Eagle through open market accumulation or other tactics without paying a control premium and potentially disadvantaging the interest of all stockholders.
Global Eagle Entertainment (ENT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LOS ANGELES, Feb. 13, 2020 -- Global Eagle Entertainment Inc. (Nasdaq: ENT) (“Global Eagle”), a leading provider of media, content, connectivity and data analytics to markets.
Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We don't wish...
Global Eagle Entertainment (ENT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Beginning with the opening of trading on April 16, 2020, the Company's common stock will trade on The Nasdaq Capital Market ("Nasdaq") on a split-adjusted basis under a new CUSIP number, 37951D300. The Company's trading symbol will continue to be "ENT."