Global Eagle Entertainment Reports First Quarter 2014 Results *Strong Revenue Increase of 55% and Adjusted EBITDA* Growth of $5.6 Million over Pro Forma** Q1 2013 *Acquired all Remaining Outstanding Shares of AIA in Q2; Expect Significant Integration Synergies *Continued Growth of Content Segment's Global Customer Base With Key Wins at Garuda Indonesia, Air France, Turkish Airlines, Among Others *Strengthened Leadership in Providing Digital Media To Travelers by Offering Live UEFA Soccer to Cruise Ship Customers *With Partner Thaicom, GEE to Launch Connectivity on NOK Air in Thailand, Increasing Footprint in Asia *Gate-to-Gate Connectivity on Southwest Airlines Increased Number of Simultaneous Users by 30%; 25% of Data Now Consumed While Aircraft are on the Ground *Strong Balance Sheet with over $250 million in Cash and less than $8 million in Debt at Quarter End; GEE Board Approved the Purchase of Up To $25 million of Outstanding ENTWW Warrants LOS ANGELES, May 9, 2014 (GLOBE NEWSWIRE) -- Global Eagle Entertainment Inc. (Nasdaq:ENT) ("Global Eagle", "GEE" or the "Company") today reported financial results for the first quarter ended March 31, 2014. "We are pleased with our first quarter 2014 performance, as we continued to build on our leadership as the top supplier of content and connectivity services to the worldwide airline and travel industries," said John LaValle, Chief Executive Officer. "Global Eagle set out to become the leading provider of digital media to airline passengers and other travelers. During 2013, we acquired two top providers of content and content services, and we finalized our acquisition of AIA in April 2014. We have solidified our position as the leader in supplying media content, and we continue to deploy our best-in-class connectivity solution," commented Dave Davis, Chief Operating Officer and Chief Financial Officer. "As the number of connected aircraft proliferate around the world, GEE is positioned to become the digital media provider of choice, regardless of platform. Our international business is strong and growing, evidenced by our signing of several major content deals with international carriers during the quarter, including Garuda Indonesia. Of the twenty-four connectivity installations we made during the quarter, twenty-one were with non-U.S. airlines." "During the quarter, we dramatically increased revenue and Adjusted EBITDA* as compared to pro forma** Q1 2013 results," Mr. Davis continued. "Supported by our strong balance sheet, we remain well-positioned to continue growing both organically and through strategic M&A opportunities." Financial Results The summary consolidated financial information for the three months ended March 31, 2014 is not directly comparable to the financial information for the three months ended March 31, 2013. Global Eagle Entertainment was formed through the acquisition by Global Eagle Acquisition Corp. ("GEAC") of Row 44, Inc. ("Row 44") and 86% of the shares of AIA in January 2013, which we refer to as our business combination. Row 44 was deemed the accounting acquirer in the business combination. As such, the presented financial information for the three months ended March 31, 2013 includes the financial information and activities of Row 44 for the period January 1, 2013 to March 31, 2013 (91 days) as well as the financial information and activities of GEE and AIA for the period January 31, 2013 to March 31, 2013 (60 days). The business of Post Modern Edit, LLC and related entities ("PMG") and the parent of IFE Services Limited ("IFES") were acquired subsequent to March 31, 2013, and as such, are not included in amounts presented for the three months ended March 31, 2013. For the first quarter of 2014, revenue was $86.0 million, compared with $42.5 million in the first quarter of 2013. The loss from operations for the quarter was $9.4 million, compared to a loss of $22.2 million in the first quarter of 2013. The net loss for the quarter was $26.3 million, compared to a net loss of $27.0 million in the first quarter of 2013. Capital expenditures for the first quarter of 2014 totaled approximately $2.0 million. The Company finished the first quarter of 2014 with approximately $250.6 million in cash and $7.7 million in debt. ** Pro Forma Financial Information The table below presents financial results for the three-months ended March 31, 2014 and 2013(1).For the three months ended March 31, 2013, the amounts are presented on a pro forma basis reflecting the operating results of Global Eagle as if the business combination had been consummated as of January 1, 2013; accordingly, this information does not correspond to the unaudited condensed financial statements included in this earnings release, which were prepared on a U.S. GAAP basis. The pro forma information for the quarterly period ended March 31, 2013 includes financial information for the period January 1, 2013 to March 31, 2013 for AIA(1) and Row 44 and January 1, 2013 to January 31, 2013 (the date on which we completed the business combination) for GEAC.The pro forma information for the quarterly period ended March 31, 2013 does not include any financial information for PMG and IFES, which were acquired subsequent to March 31, 2013. Revenue, Contribution Margin, and Adjusted EBITDA* Continue to Improve (1) (In millions, except %) (Unaudited) Pro Forma ** Q1 '14 Q1 '13 ^ (2) % Change Revenue Connectivity: Equipment (3) $5.9 $9.0 -34% Services (4) 16.5 6.3 162% Total Connectivity Revenue 22.4 15.3 46% Content: Licensing (5) 52.3 34.5 52% Services (6) 11.3 5.8 95% Total Content Revenue 63.6 40.3 58% Total Revenue $86.0 $55.6 55% Cost of Sales Connectivity (19.0) (15.2) 26% Content (46.1) (30.4) 52% Total Cost of Sales (65.1) (45.6) 43% Contribution Profit Connectivity 3.4 0.1 N/A Content 17.5 9.9 77% Total Contribution Profit 20.9 10.0 109% Contribution Margin (%) Connectivity 15% 1% Content 28% 25% Total Contribution Margin 24% 18% Adjusted EBITDA* $5.1 $(0.5) N/A (1)Reflects 100% of AIA's results; GEE owned approximately 86% and 94% of AIA's outstanding shares as of March 31, 2013 and 2014, respectively. (2)Actual Contribution Profit for the Content segment for the period January 1, 2013 to January 31, 2013 is not available on a U.S. GAAP basis. Accordingly, the Contribution Profit Percentage for the Content segment for such period was estimated to be the same as for the period February 1, 2013 to March 31, 2013. Also, the cost of sales for the content segment in the first quarter of 2013 was adjusted to reflect the Company's current accounting policies. (3)Represents sales of satellite based connectivity equipment. (4)Represents Wi-Fi, TV, VOD, shopping and travel-related revenue sold through our Connectivity platform. (5)Represents revenue principally generated through the sale or license of media content, video and music programming, applications, and video games to customers. (6)Content services revenue includes various services generally billed on a time and materials basis such as encoding and editing of media content. Consolidated revenue for Q1 2014 was $86.0 million as compared to pro forma revenue of $55.6 million in Q1 2013, an increase of $30.4 million or 55%.The quarterly increase in revenue was driven by improvements of $23.3 million, or 58%, in the Content segment and $7.1 million, or 46%, in the Connectivity segment. Adjusted EBITDA* in Q1 2014 was $5.1 million, compared to pro forma Adjusted EBITDA* of ($0.5) million in Q1 2013.This improvement was driven by strong increases in contribution profit in both the Content and Connectivity segments. Segment Results The increase in Content segment revenue in Q1 2014 of $23.3 million as compared to pro forma** Q1 2013 was principally due to the acquisitions of PMG in July 2013 and IFES in October 2013. The improvement in Content contribution margin from 25% in Q1 2013 to pro forma** 28% in Q1 2014 was largely due to a higher mix of licensing customers with better margins in Q1 2014 as compared to Q1 2013, and focused efforts on margin expansion. The increase in Connectivity segment revenue in Q1 2014 of $7.1 million as compared to pro forma** Q1 2013 was principally due to increased passenger Wi-Fi usage and the inclusion of paid sponsorship of the "TV Flies Free" offering on Southwest Airlines, offset by a seasonal reduction in aircraft equipment installations.The quarter-over-quarter increase in Connectivity service revenue, which outpaced the decline in Connectivity equipment revenue for the same period, was largely responsible for the quarterly improvement in Connectivity segment contribution margin from pro forma** 1% in Q1 2013 to 15% in Q1 2014.The improvement was also due to the nature of the bandwidth and licensing costs associated with providing service for "TV Flies Free", which are largely fixed per aircraft, which resulted in the additional service revenue from "TV Flies Free" being highly accretive to our operating results in the period. Recent Highlights Key accomplishments since January 1, 2014 include: *Acquired 100% of AIA in Q2 2014 by purchasing the final 6.05% outstanding stake in AIA for approximately $15.0 million. The combination of AIA and our 2013 acquisitions of PMG and IFES positions Global Eagle as the clear leader in providing media and content services to the global airline industry.We expect significant synergies from the combination. *Selected by Indonesia's flag carrier, Garuda Indonesia, to provide In-Flight Entertainment ("IFE") content to its passengers.In addition to movies from studios in Hollywood, the Middle East, Europe and Asia, the content package will feature television programming, music, streaming radio, games, advertising services and original productions that include destination films, safety films and entertainment guides. Headquartered in Jakarta, Garuda Indonesia Group operates 139 aircraft and serves 44 domestic and 20 international destinations. *Entered into a five-year agreement with an affiliate of Thaicom Public Co Ltd pursuant to which the parties will jointly collaborate on the marketing, sale and delivery of connectivity hardware and services for the Southeast Asian market.GEE will provide its expertise in connectivity solution hardware, network management and content delivery services, and Thaicom will provide its expertise in telecommunication connectivity services and solutions using its satellite network.As the initial airline partner of GEE and Thaicom, the parties expect to launch connectivity services on NOK Air's 737-800 aircraft in the near future. *Partnered with the Union of European Football Associations ("UEFA") to distribute UEFA Champions League and UEFA Europa League tournament matches on cruise ships on the premium satellite TV channel PrimeTelly, which along with channels Prime US and Engage, is delivered through GEE's Media Orbit Networks brand.UEFA Champions League and UEFA Europa League tournaments are among the most-watched sporting events in the world.GEE is committed to expanding our content offering with the addition of live events delivered to the connected cabin, whether in the air or at sea. *Began rolling-out WISE™ Wireless In-flight Services and Entertainment, a wireless IFE software platform allowing flying passengers to stream content on personal electronic devices. Designed to work with or without in-flight connectivity, WISE™ is a hardware agnostic solution selected by several renowned hardware partners as the backbone for their in-flight wireless streaming offerings. GEE completed its first aircraft delivery of WISE™ for service on an international airline, which will start offering wireless IFE shortly. GEE also delivered WISE™ to a hardware partner for another international airline scheduled to launch wireless IFE in Q2. *Increased Wi-Fi Internet usage on Southwest Airlines 400+ connected aircraft with gate-to-gate connectivity offering.With GEE connectivity available during all stages of flight, 25% of data used during Q1 was consumed on the ground.In addition, both average session length and the number of simultaneous users increased by 30%. This translates to increased WiFi usage on shorter flights and extended passenger engagement for advertising opportunities. *Continued international role out of connectivity services with installation of 21 systems on aircraft operating outside the U.S.We ended Q1 with a total of 547 aircraft installed and a backlog of 276 systems. *Continued to win new business from international clients across the content services sector, including flagship projects at Air France and Turkish Airlines for the design of their IFE GUI, and contract extensions at ANA and Brussels airlines.GEE also entered into agreement with Magzter to offer airlines an extensive selection of North American and International magazines from the world's leading magazine publishers.GEE's subsidiary, DTI, the market leading provider of digital reading publication software, will distribute the new content to airline customers worldwide via its eReader platform, which is compatible with seatback and wireless in-flight entertainment systems. *GEE remains on track to launch GEE's connectivity solution on Air China, China's flag carrier, with a trial in 2014. The trial will commence aboard a 777-200 aircraft and will enable Air China's passengers to access the Internet and stored content on approved handheld devices. *Authorized an increase to GEE's warrant repurchase program allowing GEE to pay up to an aggregate amount of $25 million to repurchase outstanding common stock purchase warrants, exclusive of the amounts paid for repurchases in 2013.Repurchases may be made by from time to time in any manner permitted by applicable law. There is no time limit for warrant repurchases, nor is there a minimum amount of warrants that may be repurchased, and the program may be suspended or discontinued at any time without prior notice. Outlook We expect continued growth through the remainder of 2014.Drivers of increased revenue and EBITDA include growth of our content customer base, continued installations of our connectivity systems, the full year impact of the acquisitions of PMG and IFE Services made in 2013, and the realization of integration synergies over the second half of the year. Conference Call Global Eagle Entertainment will hold a conference call to discuss its first quarter 2014 results on Friday, May 9, 2014 at 10:00 a.m. EDT (7:00 a.m. PDT). To access the teleconference, please dial 412-317-6789 ten minutes prior to the scheduled start time. The teleconference will also be available via live webcast on the investor relations portion of the Company's Web site located at www.globaleagleent.com If you cannot listen to the teleconference at its scheduled time, there will be a replay available through Thursday, May 22, 2014. The replay can be accessed by dialing (877) 344-7529 (U.S.) or (412) 317-0088 (Int'l), passcode 10045518. The webcast will also be archived on the Company's Web site for 30 days. About Global Eagle Entertainment Global Eagle Entertainment Inc. is the leading full service platform offering both content and connectivity for the worldwide airline industry. Through its combined content, distribution and technology platforms, Global Eagle provides airlines and the millions of travelers they serve with the industry's most complete offering of in-flight video content, e-commerce and information services. Through its Row 44 subsidiary, Global Eagle utilizes Ku-band satellite technology to provide airline passengers with Internet access, live television, shopping and travel-related information. Currently installed on 547 aircraft, Row 44 has the largest fleet of connected entertainment platforms operating over land and sea globally. In addition, through its AIA subsidiary, Global Eagle provides film and television content, games and applications to more than 130 airlines worldwide. Global Eagle is headquartered in greater Los Angeles, California and maintains offices and support personnel around the world. Find out more at www.globaleagleent.com. * About Non-GAAP Financial Measures To supplement our consolidated financial statements, which are prepared and presented in accordance with accounting principles generally accepted in the United States of America ("GAAP"), we use Adjusted EBITDA, which is a non-GAAP financial measure. The presentation of Adjusted EBITDA is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. For more information on this non-GAAP financial measure, please see the tables captioned "Reconciliations of Non-GAAP Measures to Unaudited Consolidated Statements of Operations" included at the end of this release. Adjusted EBITDA is the primary measure used by the Company's management and board of directors to understand and evaluate its financial performance and operating trends, including period to period comparisons, to prepare and approve its annual budget and to develop short and long term operational plans. Additionally, Adjusted EBITDA is the primary measure used by the compensation committee of the Company's board of directors to establish the funding targets for and fund its annual bonus pool for the Company's employees and executives. We believe our presentation of Adjusted EBITDA is useful to investors both because (1) it allows for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) management frequently uses it in its discussions with investors, commercial bankers, securities analysts and other users of its financial statements. We define Adjusted EBITDA as net income (loss) before income tax expense, other income (expense), interest expense (income), depreciation and amortization, stock-based compensation, acquisition and realignment costs, F/X gain (loss) on intercompany loans and any gains or losses on certain asset sales or dispositions. Acquisition and realignment costs include such items, when applicable, as (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, (b) legal, accounting and other professional fees directly attributable to acquisition activity, (c) employee severance payments attributable to acquisition or corporate realignment activities, (d) certain non-recurring expenses associated with the Company's expansion into China that did not generate associated revenue in 2014, and (e) expenditures related to the January 2013 business combination. Management does not consider these costs to be indicative of the Company's core operating results. Cautionary Note Concerning Forward-Looking Statements We make forward-looking statements in this earnings release within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts for future events, including without limitation our earnings, revenues, expenses or other future financial or business performance or strategies, or the impact of legal or regulatory matters on our business, results of operations or financial condition. These statements may be preceded by, followed by or include the words "may," "might," "will," "will likely result," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or similar expressions. These forward-looking statements are based on information available to us as of the date of this earnings release, and involve substantial risks and uncertainties. We make forward-looking statements in this earnings release and the documents incorporated by reference herein within the meaning of the Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts for future events, including without limitation our earnings, revenues, expenses or other future financial or business performance or strategies, or the impact of legal or regulatory matters on our business, results of operations or financial condition. These statements may be preceded by, followed by or include the words "may," "might," "will," "will likely result," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or similar expressions. These forward-looking statements are based on information available to us as of the date of this earnings release and on our current expectations, forecasts and assumptions, and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward looking statements herein due to a variety of factors, including: our ability to integrate our recently acquired businesses, the ability of the combined business to grow, including through acquisitions which we are able to successfully integrate, and the ability of our executive officers to manage growth profitably; the ability of our executive officers to recognize changing trends in the systems, services and business model requirements of our current and potential future customers; the ability of our customer Southwest Airlines to maintain a sponsor for its "TV Flies Free" offering and our ability to replicate this model through other sponsorship alliances; the ability of our content segment to provide unique content curation and delivery services attractive to non-theatrical customers, including the airlines; the outcome of any legal proceedings pending or that may be instituted against us, Row 44, AIA, PMG or IFES; changes in laws or regulations that apply to us or our industry; our ability to recognize and timely implement future technologies in the content delivery space, including wireless content delivery, and the satellite connectivity space, including Ka-band system development and deployment; our ability to deliver end-to-end network performance sufficient to meet increasing airline customer and passenger demand; our ability to obtain and maintain international authorizations to operate our connectivity service over the airspace of foreign jurisdictions our customers utilize; our ability to expand our service offerings and deliver on our service roadmap; our ability to timely and cost-effectively identify and license television, audio and media content that airlines and/or and media content that passengers will purchase; general economic and technological circumstances in the satellite transponder market, including access to transponder space in capacity limited regions and successful launch of replacement transponder capacity where applicable; our ability to obtain and maintain licenses for content used on legacy installed in-flight entertainment systems and next generation in-flight entertainment systems; the loss of, or failure to realize benefits from, agreements with our airline partners; the loss of relationships with original equipment manufacturers or dealers; unfavorable economic conditions in the airline industry and economy as a whole; our ability to expand our domestic or international operations, including our ability to grow our business with current and potential future airline partners or successfully partner with satellite service providers, including Hughes Network Systems; our reliance on third-party satellite service providers and equipment and other suppliers, including single source providers and suppliers; the effects of service interruptions or delays, technology failures, material defects or errors in our software or hardware, damage to our network resources, disruption of our content delivery systems or geopolitical restrictions; the limited operating history of our connectivity and in-flight television and media products; costs associated with defending pending or future intellectual property infringement actions and other litigation or claims; increases in our projected capital expenditures due to, among other things, unexpected costs incurred in connection with the roll out of our technology roadmap or our international plan of expansion, including managing rapid changes in available competitive technologies and research and development of such technologies; fluctuation in our operating results; the demand for in-flight broadband Internet access services and market acceptance for our products and services; and other risks and uncertainties set forth in this earnings release and in our most recent Annual Report on Form 10-K, as amended, and any subsequently filed Quarterly Reports on Form 10-Q.We do not undertake any obligation to update forward-looking statements as a result of as a result of new information, future events or developments or otherwise. Global Eagle Entertainment, Inc. Unaudited Condensed Consolidated Statements of Operations (In thousands, except per share amounts) Three Months Ended March 31, 2014 2013 Revenue $85,968 $42,513 Operating expenses: Cost of sales 65,117 35,749 Sales and marketing 2,835 2,287 Product development 3,922 1,337 General and administrative 17,067 24,059 Amortization of intangible assets 6,419 1,233 Total operating expenses 95,360 64,665 Loss from operations (9,392) (22,152) Other income (expense), net: Interest income (expense), net (161) (176) Change in fair value of financial instruments (15,538) (4,615) Other income (expense), net 199 (44) Loss before income taxes (24,892) (26,987) Income tax expense 1,257 34 Net loss (26,149) (27,021) Net income (loss) attributable to non-controlling (194) 39 interests Net loss attributable to common stockholders $(26,343) $(26,982) Net loss per share – basic and diluted $(0.47) $(0.61) Weighted average shares – basic and diluted 55,914 44,014 Global Eagle Entertainment, Inc. Unaudited Condensed Consolidated Balance Sheets (In thousands) March 31, 2014 December 31, 2013 (Unaudited) Assets Cash and cash equivalents $250,553 $258,796 Accounts receivable, net 62,683 64,216 Content library, net 7,669 6,563 Inventories 12,934 15,481 Prepaid and other current assets 20,554 14,187 Property, plant and equipment, net 21,192 20,797 Goodwill 52,345 52,345 Intangible assets 129,742 136,414 Other non-current assets 13,470 10,084 Total assets $571,142 $578,883 Liabilities and Stockholders' Equity Accounts payable and accrued liabilities $93,994 $81,961 Deferred revenue 17,246 16,998 Derivative warrant liabilities 86,960 71,570 Notes payable and accrued interest 7,702 10,801 Deferred tax liabilities 24,572 26,378 Other liabilities 8,017 14,991 Total liabilities 238,491 222,699 Stockholders' Equity: Common stock, treasury stock and additional 592,741 590,210 paid-in capital Subscriptions receivable (484) (478) Accumulated deficit (270,286) (243,943) Accumulated OCI 91 -- Total stockholders' equity 322,062 345,789 Non-controlling interests 10,589 10,395 Total Liabilities and Stockholders' Equity $571,142 $578,883 Reconciliations of Non-GAAP Measures to Unaudited Consolidated Statements of Operations (In thousands) (Unaudited) Three months ended Three months ended March 31, 2014 March 31, 2013 Adjusted EBITDA: Net loss attributable to common $(26,343) $(26,982) stockholders Net income (loss) attributable 193 (39) to non-controlling interests Income tax expense 1,257 34 Other income (expense) (1) 15,876 4,835 Depreciation and amortization 9,394 4,702 Stock-based compensation (2) 2,616 1,647 Acquisition and realignment 2,083 12,210 costs(3) F/X gain (loss) on intercompany -- 1,378 loan (4) Adjusted EBITDA $5,077 $(2,215) Pro-forma Adjustments January 2013 GEAC Pre-tax loss -- (22,100) January 2013 AIA Pre-tax income -- 1,306 Add back: -- January 2013 GEAC Other income -- 11,697 (expense) January 2013 GEAC Business Combination Fees and Expenses -- 10,243 (5) January 2013 AIA & GEAC -- 66 Interest expense (income) January 2013 AIA & GEAC -- 471 Depreciation and amortization Pro-forma Adjusted EBITDA $5,077 $(532) (1)Other income (expense) principally includes the change in fair value of the Company's derivative financial instruments and certain non-recurring expenses associated with the Company's expansion into China that did not generate associated revenue in 2014. (2) Included in stock-based compensation for the three months ended March 31, 2013 is approximately $1.1 million related to certain accrued tax obligations that resulted from the January 2013 business combination.During the three months ended September 30, 2013, the Company extinguished and paid this liability through the repurchase and retirement of its common stock from certain members of management, and as a result the $1.1 million tax liability was reversed and excluded from stock-based compensation in the third quarter ended September 30, 2013. (3) Acquisition and realignment costs include such items, when applicable, as (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, (b) legal, accounting and other professional fees directly attributable to acquisition activity, (c) employee severance payments attributable to acquisition or corporate realignment activities, and (d) expenditures related to the January 2013 business combination. Management does not consider these costs to be indicative of the Company's core operating results. (4)F/X gain (loss) on intercompany loan includes the unrealized foreign exchange gains and losses in the value of certain intercompany loans that are included in the Company's operating results. (5) Comprises formation expenses directly related to the Company's business combination in 2013 that did not generate associated revenue in Q1 of 2013. Global Eagle Entertainment, Inc. Unaudited Segment Revenue and Contribution Profit (In thousands) Segment revenue, expenses and contribution profit for the three month period ended March 31, 2014 and 2013 derived from the Company's Connectivity and Content segments were as follows: Three months ended March 31, 2014 2013 Content Connectivity Consolidated Content Connectivity Consolidated Revenue: Licensing $52,331 — $52,331 $23,304 — $23,304 Service 11,061 16,494 27,555 3,872 6,294 10,166 Equipment 198 5,884 6,082 — 9,043 9,043 Total 63,590 22,378 85,968 27,176 15,337 42,513 Revenue Operating Expenses: Cost of 46,144 18,973 65,117 20,503 15,246 35,749 Sales Contribution 17,446 3,405 20,851 6,673 91 6,764 Profit Other Operating 30,243 28,916 Expenses Loss from $(9,392) $(22,152) Operations CONTACT: For Investors Dave Davis Chief Financial Officer Global Eagle Entertainment (818) 706-3111 email@example.com -or- Chris Plunkett or Brad Edwards Brainerd Communicators, Inc. (212) 986-6667 firstname.lastname@example.org email@example.com For Press Karin Pellmann Global Eagle Entertainment Inc. firstname.lastname@example.org 646-515-6933
Global Eagle Entertainment Reports First Quarter 2014 Results
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