ascent capital group inc-a (ASCMA) Key Developments
Ascent Capital Group, Inc. Appoints Richard G. Walker as Executive Vice President of Strategy and Corporate Development
Apr 20 15
Ascent Capital Group, Inc. announced that Richard G. Walker is joining the company as Executive Vice President of Strategy and Corporate Development. Mr. Walker brings nearly 30 years of experience in corporate development, strategic planning, accounting, finance and investor relations to Ascent. Prior to this, Mr. Walker served in a variety of executive roles at IHS, Inc. Mr. Walker currently serves as Chairman of the Board at privately-held Reader's Digest Association, where he has been very active with the CEO and the Executive Leadership team in their efforts to enhance overall business performance.
Ascent Capital Group, Inc. Presents at Piper Jaffray Technology, Media and Telecommunications Conference 2015, Mar-10-2015 11:30 AM
Mar 6 15
Ascent Capital Group, Inc. Presents at Piper Jaffray Technology, Media and Telecommunications Conference 2015, Mar-10-2015 11:30 AM. Venue: Le Parker Meridien, 119 West 56th Street, New York, NY 10019, United States. Speakers: Michael R. Haislip, Executive Vice President, Chief Executive Officer of Monitronics International Inc and President of Monitronics International Inc, William R. Fitzgerald, Chairman, Chief Executive Officer, President and Member of Executive Committee.
Ascent Capital Group, Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
Feb 26 15
Ascent Capital Group, Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net revenue of $135.9 million, an increase of 2.3% compared to $132.8 million for the three months ended December 31, 2013. Total adjusted EBITDA was $88,934,000 against $86,291,000 a year ago. Net loss from continuing operations was $6,567,000 against $16,471,000 a year ago.
For the year, the company’s net revenue was $539,449,000 against $451,033,000 a year ago. Operating income was $78,198,000 against $71,556,000 a year ago. Loss from continuing operations before income taxes was $34,028,000 against $18,330,000 a year ago. Net loss from continuing operations was $37,448,000 or $2.75 per basic and diluted share against $21,600,000 or $1.55 per basic and diluted share a year ago. Net loss was $37,752,000 or $2.77 per basic and diluted share against $21,471,000 or $1.54 per basic and diluted share a year ago. Net cash provided by operating activities was $233,870,000 against $212,233,000 a year ago. Capital expenditures were $7,769,000 against $9,939,000 a year ago. Total adjusted EBITDA was $354,805,000 against $304,474,000 a year ago. The increase in net revenue for the three and twelve month time periods is primarily attributable to increases in Monitronics subscriber accounts and average RMR per subscriber.
Ascent Capital Mulls Acquisitions
Feb 26 15
Ascent Capital Group, Inc. (NasdaqGS:ASCM.A) intends to pursue acquisitions. Ascent had $135.2 million of cash, cash equivalents and marketable securities. A portion of these assets may be used to decrease debt obligations or fund stock repurchases, strategic acquisitions or investment opportunities.
Ascent Capital Group, Inc. to Report Q4, 2014 Results on Feb 26, 2015
Feb 3 15
Ascent Capital Group, Inc. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Feb 26, 2015