RMG Networks (RMGN) Announces Narrower Q2 Loss
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RMG Networks Reports Second Quarter 2015 Results
August 13, 2015 6:00 AM EDTDALLAS, TX -- (Marketwired) -- 08/13/15 -- RMG Networks Holding Corporation (NASDAQ: RMGN)
Second Quarter Highlights
Product revenue increased 32% sequentially, reflecting improved sales execution Maintenance revenue increased 4% sequentially, stabilizing from recent quarterly declines Total revenues from continuing operations were $9.3 million Launched largest software platform upgrade in over five years ahead of schedule Subsequent to quarter-end, completed strategic divestiture of Airline Media Network business Subsequent to quarter-end, awarded multimillion dollar contract to provide transformational retail solution, representing one of the largest project wins in RMG... More
