New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 9, 2012
08:35 EDTWGAWells-Gardner Electronics sees Q4 revenue $15M-$17M vs $9.2M in Q4 of 2011
This is due primarily to VGT sales in Illinois. The Q3 results included $2.2M of VGT sales in Illinois.
News For WGA From The Last 14 Days
Check below for free stories on WGA the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 15, 2014
08:35 EDTWGAWells-Gardner Electronics sells assets of LCD business for $8M cash
Wells-Gardner Electronics announced that it has sold the assets of its LCD business to HT Precision Technologies U.S., Inc., a Delaware corporation and wholly owned subsidiary of Taiwan-based HT Precision Technologies. The assets of the LCD business, which includes the "Wells-Gardner" name, were acquired by HTP for approximately $8M in cash, subject to post-closing adjustments. Wells-Gardner Electronics Corporation expects to take a one-time charge of approximately $6.2M, consisting of asset write-offs and transaction-related expenses of a total of $4.4M, and $1.8M of non-cash charges for the write-off of AGE goodwill and the deferred tax asset. Effective upon shareholder approval, Wells-Gardner Electronics Corporation will assume the corporate name of "AG&E Holdings Inc." Management expects that its common stock will continue to trade on the NYSE MKT exchange under the ticker symbol WGA for the foreseeable future.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use