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Published in TZ Latest News 18 October, 2017 by The TZ Newswire Staff

Global Eagle Announces Fourth Quarter and Full Year 2016 Results

LOS ANGELES, Oct. 18, 2017 (GLOBE NEWSWIRE) — Global Eagle Entertainment Inc. (NASDAQ:ENT) (“Global Eagle” or the “Company”), a leading provider of media, content and connectivity to markets across air, sea and land, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2016. For the fourth quarter of 2016, Global Eagle posted revenue of $165 million, up 45.5% compared to the prior-year period; incurred net loss of $91.7 million; and generated Adjusted EBITDA* of $19.4 million, up 24.9% compared to the prior-year period.

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