Strong Global Entertainment Reports First Quarter 2024 Operating Results
Strong Global Entertainment, Inc. Class A Common Voting Shares (SGE)
Company Research
Source: GlobeNewswire
Mooresville, N.C., May 14, 2024 (GLOBE NEWSWIRE) -- Strong Global Entertainment, Inc. (NYSE American: SGE) (the “Company” or “Strong Global Entertainment”) today announced operating results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Revenue increased 11.2% to $11.1 million for the quarter - The acquisition of Innovative Cinema Solutions (“ICS”) and increased product sales contributed favorably to revenue growth.Gross profit improved to 24.0% of revenue for the quarter from 23.3% in the prior year with favorable product mix.In April 2024, announced a transaction to merge Strong/MDI Screen Systems, Inc. “(Strong/MDI”) with FG Acquisition Corp., a Canadian special purpose acquisition company, which will be renamed Saltire, Inc. Transaction values Strong/MDI at $30 million. Strong Global Entertainment will retain a significant economic stake, participating in the future growth and success of Strong/MDI and Saltire. Marketplace momentum for laser u
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SGE
News
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SQSP, AGR, SGE on Behalf of ShareholdersAccesswire
- STRONG GLOBAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Strong Global Entertainment, Inc. - SGEAccesswire
- SHAREHOLDER UPDATE: Halper Sadeh LLC Continues to Investigate SGE, AMBC, SGRPPR Newswire
- SGE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Strong Global Entertainment, Inc. Is Fair to ShareholdersBusiness Wire
- Fundamental Global Inc. and Strong Global Entertainment, Inc. Enter Into Definitive Plan of Arrangement [Yahoo! Finance]Yahoo! Finance
SGE
Sec Filings
- 6/4/24 - Form 8-K
- 5/21/24 - Form 4
- 5/21/24 - Form 4
- SGE's page on the SEC website