Black Box Corp. (BBOX) News

Good chance they'll do another share price increase after January 4th, since many shareholders are still at a huge loss even with the new B/O offer of $1.10. I still think we might see the final B/O offer in the $1.50+ range before this whole deal is finally approved. JMHO

oh thanks !!

I'm reading into it and they did increase the price offer to 1.10 a share

Whats Up with this stock ?

They have an investigation now to see if the buy price is harming shareholders

That's what I was saying I been watching for a while now

This can really explode soon as Volume surpasses $14 Million Float $$$

Indeed it is

I dont see why people on stocktwits are complaining?? They probably bought high above $2.00 LOL Shares are Golden from 1.05 to 1.12 Threshold, Breakout Trigger; Fun begins above 1.12 $$$$$

Yea the price said 1.06 at first the it was fixed

Actually They got bought for 1.08 $$$$ https://finance.yahoo.com/news/shareholder-alert-levi-korsinsky-llp-151638600.html

ALL IN @ 1.06 See ya'll @ $1.80 this week promise $$$

BBOX

Right that's why I bought back in I was in when they were 16 dollars a share

Things are just warming up BBOX has a higher price range coming soon..

They getting bought for 1.06 now they tradi g at 1.06 let's see if this blow up a little

Merger of BBOX boys.. time to shine J Trammell..

Positive update base on the last Q
Financial - Earnings
Service gross profit margin was 25.5%, an increase from 24.4% in the same period last year due to margin improvements in North America Services, including in both of our commercial and federal businesses, partially offset by margin deterioration in International Services.bbox
Financial - Earnings
Product gross profit margin was 42.3%, an increase from 42.1% in the same period last year due to margin improvement in International Products, partially offset by margin deterioration in North America Products.
Financial - Earnings
a $1,271 increase in gross profit as a result of a $1,798 increase in Service gross profit due to margin improvements in North America Services, including in both of our commercial and federal businesses, partially offset by margin deterioration in International Services, and a $527 decrease in Products gross profit due to margin improvement in International Products, partially offset by margin deterioration in North America Products,
Financial - Earnings
Total gross profit margin was 28.2%, an increase from 27.4% in the same period last year.
Financial - Earnings
Service operating loss margin was 1.7%, compared to Service operating loss margin of 4.8% in the same period last year, primarily due to favorable gross margin and favorable operating expense in the current period.
Financial - Expense
Although it is not possible to predict or identify all risk factors, such risks and uncertainties may include, among others, liquidity, compliance with bank covenants, our going concern qualification, the Companys arrangements with its vendors and subcontractors, levels of business activity and operating expenses, expenses relating to compliance requirements, cash flows, global economic and business conditions, the timing and costs of restructuring programs and other initiatives, such as our enterprise resource planning system initiatives, successful marketing of the Companys product and services offerings, successful implementation of the Companys integration initiatives and successful implementation of the Companys government contracting programs, as well as competition, changes in foreign, political and economic conditions, fluctuating foreign currencies compared to the U.S. dollar, rapid changes in technologies, client preferences, government budgetary constraints and various other matters, many of which are beyond the Companys control

Hmmmm.

Does not even appear to be Black Box company in that article.

Awesome give it another week the board will be overpopulated.. Mark my words..

I did Blue , not going anywhere.

I still believe !

Yes I am.. thank you very much..$BO.X and $BBOX The After hour trading is over.. LoL.

Well, if you own ticker symbol BOX ...

You might be happy... Isn't this ticker symbol BBOX ??

Maybe there is a connection. Does BBOX own BOX? Other way around? I couldn't see any reference on the BOX web site... https://www.box.com/
So, I don't know

HOPE YOU HELD YOUR SHARES..
https://www.businesswire.com/news/home/20180919005465/en

THE Oracle HAS SPOKEN!!!
https://www.businesswire.com/news/home/20180919005465/en

$BBOX is GOLDEN . Trammell the MAN.. read his book The CEO Tightrope.

* * $BBOX Video Chart 09-20-18 * *

Link to Video - click here to watch the technical chart video

seems like breaking out here. Strong buy!

I must admit, looking good here. A couple days like this and I might break even...

Quiet here, back in now to play the bounce after a long hiatus.

Okay if History repeats itself..referencing the bounce back on 07/05/18 We could be in it to Win it.. GLTA especially to Joel Trammell.. The CEO

Down another 10% as I write this....

This turd ever going to fly?

I'd be happy if this turd got back to $2.00 or more.
Wishful thinking?

This Turd will be ORGANIC..
https://www.marketscreener.com/BLACK-BOX-CORPORATION-8527/news/Black-Box-Plays-Vital-Role-in-Safeguarding-Government-Entities-from-Cyberattacks-27273118/

Still think this turd is going to turn itself around?

Oh they needed that financial relief

I'm not an expert. what i concluded was debt consolidation leasing IP to gain capital .. I expect and increase of revenues in the next quarter.. IMO it a Keeper.. should be trading @ $2.00 PS.

If u got some free time could you share what u got out of the call?

you got a point there , thank you

Honestly i prefer less comments.. This only proves how many folks lack Due diligence and follow the wrong crowd..Gave you a follow also.

Hi Blue , thinking this is a good company myself. We just don't see much interest here on IHub for BBOX.

Gave you a follow as I see we're in at least 3 stocks together. DRU$ and RBI*.

Hopefully all 3 will take off as penny season gets ramped up.

I like them all personally.

Salesleader How is it going? after listen to the conference call i did some DD and concluded that the company is moving forward.. thought i would share.. looking for a reversal within a week..

A NASDAQ listed company;

Our History
What started as a technology products catalog company has grown to a $1 billion communications systems integrator and technology provider. This growth enables us to offer you an unrivaled solutions portfolio and international footprint, all built on the foundation of our business-trusted technical advice and support.

Black Box Network Services is a leading communications system integrator and technology provider dedicated to designing, sourcing, implementing, and maintaining today’s complete communications solutions.

Black Box today:

175,000 clients
Approximately 200 offices serving 150 countries
More than 4000 Team Members worldwide
4 million ports maintained
Looking Forward
As an independent solutions provider, Black Box Network Services will continue to examine each new technology objectively and will seek out the best products and solutions to add to our extensive portfolio.

We are committed to uncovering new products and solutions that can help you solve your communications and infrastructure challenges, and we'll remain at the forefront of innovation through our long-standing relationships with technology manufacturers.

some of their products ;

Black Box Catalog
Cabinets, Racks & Enclosures
Cables
Carts & Storage
Control Systems
Datacom
Digital Signage
Jacks, Panels, & Hardware
KVM
Networking
Power Solutions
Premises Security
Testers & Tools
Video & Multimedia
Voice Communications
Carts & Lockers Selector
CATx Cable Selector
Console Server Selector
Custom Cables, Adapters, & Wallplates
Ethernet Switch Selector
Fiber Optic Patch Cable
KVM Extender Selector
KVM Switch Selector
Media Converter Selector
USB Product Selector
Video Extender Selector
Video Switch Selector
Custom Pre-Terminated Fiber Quote Generator

Well news yesterday was expected but you never know. It was supposedly needed to kickstart their "new operations"

We wait...

Unit sold...how what?. If they have anything on the burner..I'd expect to hear something fairly soon.

Was that Social Media company FB?...sold of other unit to float them until that monster contract kicks in?

Just tell us its FB and the stock will at sit at 3$ until the rollout...

obviously they would tell us if they could...but its fun to dream no?

imho
mj

Question ... sale of some or all of the companys remaining businesses. Does that sound good?

75 mill sounds good but will the stock BOOM on Monday!

MORE NEWS !


Black Box Corporation (NASDAQ:BBOX), a leading digital solutions provider, announced that it has entered into a definitive agreement to sell its Federal Government IT Services Business (the “Federal Business”) to a private equity firm for a cash purchase price of $75 million. The buyer has agreed to purchase 100% of the equity interests of the Federal Business on a debt-free, cash-free basis. Consummation of the transaction is subject to customary closing conditions and the parties anticipate a closing on or before August 31, 2018. Raymond James & Associates and Jones Day are representing Black Box in this transaction.
As previously disclosed, the Second Amendment dated June 29, 2018 to Black Box’s Credit Agreement dated May 9, 2016, as amended (the “Credit Agreement”), requires that Black Box satisfy certain milestones related to the sale of the Federal Business, including the execution of this definitive agreement and the consummation of the sale by August 31, 2018 (subject to extension by the Agent under the Credit Facility). The net proceeds of the sale of the Federal Business, after fees, costs, expenses and accrued interest under the Credit Facility, will be used to pay down all outstanding indebtedness under the new $10 million LIFO senior revolving credit facility, which will then remain available for future borrowings (subject to continued compliance with the Credit Agreement). The remainder of the net proceeds will be used to pay down other indebtedness under the Credit Agreement.

While the entry into a definitive agreement for the sale of the Federal Business is a significant milestone for Black Box, the Company also remains focused on exploring all other strategic alternatives with the assistance of Raymond James and Jones Day to address its liquidity needs including, among others, refinancing, restructuring and the sale of some or all of the remaining businesses of the Company. This process reflects the continued commitment of the Board of Directors of the Company to act in the best interests of the Company and to maximize value for the Company’s stockholders.

While the Company is working expeditiously to consummate the sale of the Federal Business and on other strategic alternatives, there can be no assurances that the sale of the Federal Business will be consummated or that the Company will be able to consummate any other strategic alternatives.

As previously announced, the Company will release its first quarter of Fiscal 2019 financial results on Monday, August 20, 2018. The Company plans to issue a press release announcing its results before the market opens. A conference call will follow at 9:00 a.m. Eastern Time, hosted by Joel Trammell, President and Chief Executive Officer of Black Box Corporation.