Last $13.50 USD
Change Today +0.10 / 0.75%
Volume 385.7K
ENT On Other Exchanges
Symbol
Exchange
NASDAQ CM
Frankfurt
As of 8:10 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

global eagle entertainment i (ENT) Snapshot

Open
$13.45
Previous Close
$13.40
Day High
$13.55
Day Low
$13.30
52 Week High
03/7/14 - $18.36
52 Week Low
08/7/14 - $9.30
Market Cap
1.0B
Average Volume 10 Days
472.0K
EPS TTM
$-0.66
Shares Outstanding
76.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GLOBAL EAGLE ENTERTAINMENT I (ENT)

global eagle entertainment i (ENT) Details

Global Eagle Entertainment Inc., a content and connectivity distribution and services company, provides in-flight video content, e-commerce, and information services for the airline industry worldwide. The company operates through two segments, Connectivity and Content. The Connectivity segment offers Wi-Fi Internet connectivity through Ku-band satellite transmissions that allow airline passengers to access in-flight Internet, live television, on-demand content, shopping, and flight and destination information. The Connect segment selects, manages, and distributes wholly-owned and licensed media content, video and music programming, applications, and video games to airline, maritime, and other away-from-home non-theatrical markets. Global Eagle Entertainment Inc. is headquartered in Los Angeles, California.

730 Employees
Last Reported Date: 03/25/14

global eagle entertainment i (ENT) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $425.0K
Consultant
Total Annual Compensation: $437.5K
Compensation as of Fiscal Year 2013.

global eagle entertainment i (ENT) Key Developments

Global Eagle Entertainment Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Global Eagle Entertainment Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $101.0 million compared to $79.9 million a year ago. Adjusted EBITDA was $10.4 million compared to $8.6 million a year ago. Pro-forma adjusted EBITDA was $10.35 million compared to $8.58 million a year ago. Net loss attributable to common stockholders was $25.0 million or $0.33 per basic and diluted share compared to $69.36 million or $1.19 per basic and diluted share a year ago. Loss from operations was $12.04 million compared to $9.10 million a year ago. Loss before income taxes was $20.49 million compared to $69.21 million a year ago. Excluding certain nonrecurring cash outflows in fourth quarter 2014, the company would have had positive cash flow from its operations of approximately $6.5 million. For the full year, the company reported total revenues of $387.74 million compared to $259.72 million a year ago. Capital expenditures for 2014 totaled approximately $9.1 million. Adjusted EBITDA was $30.69 million compared to $12.08 million a year ago. Pro-forma adjusted EBITDA was $30.69 million compared to $13.76 million a year ago. Loss from operations was $36.98 million compared to $45.52 million a year ago. Loss before income taxes was $46.62 million compared to $112.90 million a year ago. Net loss attributable to common stockholders was $54.93 million or $0.75 per basic and diluted share compared to $69.36 million or $2.17 per basic and diluted share a year ago. The company provided earnings guidance for the year 2015. For the year, the company expects revenue in the range of $415 million to $435 million, Adjusted EBITDA in the range of $45 million to $55 million and capitalized expenditures in the range of $10 million to $13 million. 2015 quarterly revenue and adjusted EBITDA expected to follow seasonality patterns similar to 2014.

Global Eagle Entertainment Inc. Provides Unaudited Earnings Guidance for the Fourth Quarter and Full Year Ended December 31, 2014

Global Eagle Entertainment Inc. provided unaudited earnings guidance for the fourth quarter and full year ended December 31, 2014. The company expects to report full-year 2014 revenue in the range of $383 million to $388 million and Adjusted EBITDA expected to be in the range of $29.7 million to $31.5 million. Operating loss before income taxes expected to be in the range of $46.1 million to $47.1 million. Cash capital expenditures expected to be in the range of $8.5 million to $9.5 million. The company expects fourth quarter 2014 revenue in the range of $96.3 million to $101.3 million. Adjusted EBITDA expected to be in the range of $9.3 million to $11.1 million. Operating loss before income taxes expected to be in the range of $20.0 million to $21.0 million.

Global Eagle Seeks Acquisitions

Global Eagle Entertainment Inc. (NasdaqCM:ENT) will consider acquisitions. Global Eagle has announced its intention to offer $75 million aggregate principal amount of convertible senior notes due 2035 in a private placement to qualified institutional buyers. Global Eagle intends to use the net proceeds from the notes offering for working capital and general corporate purposes, including possible acquisitions, ongoing and future capital investments in new product development and technologies, and costs associated with expanding its customer base in new and emerging markets.

 

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Industry Analysis

ENT

Industry Average

Valuation ENT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.7x
Price/Book 3.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.2x
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