December 05, 2016 10:33 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of iGo, Inc.

Company Overview

iGo, Inc., together with its subsidiaries, designs, develops, manufactures, and distributes products for mobile electronic devices in North America, Europe, and the Asia Pacific. Its products include chargers and surge protectors for laptops, as well as for other mobile electronic devices; batteries; and audio products comprising ear-buds, headphones, and portable speakers. The company also offers protection products, such as skins, cases, and screen protectors; and other mobile electronic accessory products, including portable computer stands and other miscellaneous mobile electronic accessories. It markets and sells its products to retailers, resellers, distributors, and wireless carriers,...

17800 North Perimeter Drive

Suite 200

Scottsdale, AZ 85255

United States

Founded in 1995

Phone:

480-596-0061

Key Executives for iGo, Inc.

iGo, Inc. does not have any Key Executives recorded.

iGo, Inc. Key Developments

iGo, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2015

iGo, Inc. announced financial results for the fourth quarter and fiscal year ended December 31, 2015. Net revenue for the three months ended December 31, 2015 was $0.2 million as compared to $1.1 million in the same periods of the prior year. Net income was $62,000, or $0.02 per share, in the fourth quarter of 2015, compared with a net income $0.6 million, or $0.22 per share, in the same quarter of the prior year. Operating income was $61,000 and income before income taxes was $66,000 against operating income of $638,000 and income before income taxes of $608,000 a year ago. The company's net revenue for the year ended December 31, 2015 was $1.0 million as compared to $3.5 million in the same periods of the prior year. The decline in revenue was the result of the change to a royalty/profit sharing model in early 2014. Net income was $10,000, or $0.00 per share, in the year ended December 31, 2015, compared with a net loss of $1.1 million, or $0.37 per share, in the prior year. Operating income was $22,000 and income before income taxes was $14,000 against operating loss of $939,000 and loss before income taxes of $1,076,000 a year ago.

iGO, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

iGO, Inc. reported unaudited consolidated earnings results for the third quarter nine months ended September 30, 2015. For the quarter, net revenue was $177,000, as compared to $373,000 in the same period of the prior year. Net loss was $136,000, or $0.05 per share compared with a net loss of $305,000, or $0.10 per share, in the same quarter of the prior year. The decrease in net loss was the result of cost reductions. Operating loss was $140,000 compared to $260,000 a year ago. For the nine months, the company’s net loss was $52,000, or $0.02 loss per share, compared to a net loss of $1,684,000, or $0.57 loss per share, for the same period of the prior year. Net revenue was $777,000 compared to $2,392,000 for the same period of the prior year. Operating loss was $39,000 compared to $1,577,000 a year ago.

iGO, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2015

iGO, Inc. announced financial results for the second quarter ended June 30, 2015. For the quarter, the company reported net revenue of $0.4 million, as compared to $0.4 million in the same period of the prior year. Net income was $0.1 million, or $0.01 per share compared with a net loss of $0.3 million, or $0.09 per share, in the same quarter of the prior year. The increase was the result of cost reductions.

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Recent Private Companies Transactions

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