Propel Media Reports Record Adjusted EBITDA of $9.8 million for the Second Quarter of 2018 and Record Adjusted EBITDA of $19.0 million for the First Half of 2018
August 14, 2018 18:26 ET
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Propel Media
Adjusted EBITDA increased 11 % for first six months of 2018 vs. 2017Gross margin increased to 78% for the second quarterStrengthened balance sheet with new $57 million term and revolver...
Propel Media Announces Intent to Deregister Its Common Stock
August 13, 2018 17:31 ET
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Propel Media
IRVINE, Calif., Aug. 13, 2018 (GLOBE NEWSWIRE) -- Propel Media, Inc. (OTC Pink: “PROM”) (“Propel Media” or the “Company”), a performance focused digital media and advertising company, today...
Propel Media Strengthens Balance Sheet with New $57 million, 5-year Credit Facility with MGG Investment Group
May 31, 2018 08:03 ET
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Propel Media
Secured a 5-year, $50 million term debt and $7 million revolver facility from MGG Investment GroupRetired original facility seven months in advance of maturity due to strong cash flowRetired $5...
Propel Media Reports $9.2MM of Adjusted EBITDA and $20.9MM of Revenue for the 1st Quarter of 2018
May 15, 2018 06:33 ET
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Propel Media
IRVINE, Calif., May 15, 2018 (GLOBE NEWSWIRE) -- Propel Media, Inc. (OTCPink:PROM), a performance focused digital media and advertising company, today announced its financial results for the first...
Propel Media Reports Early Settlement of $18.5MM of Future Obligations
May 09, 2018 16:32 ET
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Propel Media
Paid $4.4 million to fully satisfy $18.5 million of future obligationsPrepaid $2 million of term loan from cash flowTotal term loan principal amount outstanding of $53.2 millionCompany expects to...
Propel Media Reports $34.5 Million of Adjusted EBITDA for 2017, up 57% over 2016
March 30, 2018 07:00 ET
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Propel Media
IRVINE, Calif., March 30, 2018 (GLOBE NEWSWIRE) -- Propel Media, Inc. (OTCPink:PROM), a performance focused digital media and advertising company, today announced its financial results for the...
Propel Media Reports $22.2 Million in Sales and $8.7 Million of Adjusted EBITDA for the 3rd Quarter of 2017
November 13, 2017 17:23 ET
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Propel Media
3rd Quarter of 2017 Adjusted EBITDA up 42% Compared to 3rd Quarter of 2016 Company Trailing 12 Month Adjusted EBITDA of $32.9 Million IRVINE, Calif., Nov. 13, 2017 (GLOBE NEWSWIRE) -- Propel...
Propel Media Reports Record Results for the 2nd Quarter and First Half of 2017
August 14, 2017 17:25 ET
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Propel Media
Revenues increased 38% and Operating Income Increased 196% for the 2nd quarter of 2017 as compared to the 2nd quarter of 2016 Adjusted EBITDA increased 94% to $17.1 million for the 1st half of 2017...
Propel Media Expands Digital Media and Advertising Platform with Acquisition of DeepIntent
June 21, 2017 18:17 ET
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Propel Media
IRVINE, Calif., June 21, 2017 (GLOBE NEWSWIRE) -- Propel Media, Inc. (OTCPink:PROM), a performance focused digital media and advertising company, today announced its acquisition of DeepIntent...
Propel Media Reports Financial Results for the 1st Quarter of 2017
May 12, 2017 18:26 ET
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Propel Media
IRVINE, Calif., May 12, 2017 (GLOBE NEWSWIRE) -- Propel Media, Inc. (OTCPink:PROM), a performance focused digital media and advertising company, today announced its 2017 first quarter results....