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xG Technology Inc (XGTI.OQ)

XGTI.OQ on NASDAQ Stock Exchange Capital Market

0.45USD
20 Aug 2018
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Latest Key Developments (Source: Significant Developments)

XG Technology Q2 Loss Per Share $0.40
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - xG Technology Inc ::XG TECHNOLOGY ANNOUNCES RESULTS FOR THE SECOND QUARTER OF 2018.Q2 LOSS PER SHARE $0.40.QTRLY REVENUES $9.4 MILLION VERSUS $14.2 MILLION.ACHIEVED $7 MILLION IN ANNUAL SAVINGS FROM COST REDUCTION INITIATIVES IMPLEMENTED IN Q2 OF 2018.XG TECHNOLOGY - IDENTIFIED ADDITIONAL $1.3 MILLION IN NON-LABOR COST SAVINGS TO BE REALIZED OVER NEXT YEAR.  Full Article

xG Technology Appoints Roger Branton As CEO
Wednesday, 25 Jul 2018 

July 25 (Reuters) - xG Technology Inc ::XG TECHNOLOGY APPOINTS ROGER BRANTON AS CHIEF EXECUTIVE OFFICER.XG TECHNOLOGY INC - GARY CUCCIO, XG TECHNOLOGY'S INTERIM CEO SINCE APRIL 23, 2018, WILL CONTINUE TO SERVE AS COMPANY'S BOARD CHAIRMAN.  Full Article

Xg Technology's IMT Vislink Business Awarded $1.4 Million Order
Wednesday, 23 May 2018 

May 23 (Reuters) - xG Technology Inc ::SAYS IMT VISLINK BUSINESS AWARDED $1.4 MILLION ORDER TO SUPPLY AIRBORNE VIDEO DOWNLINK SOLUTIONS TO U.S. AIR FORCE.  Full Article

XG Technology Says Assessing Strategic Alternatives Related To xMax Division
Monday, 30 Apr 2018 

April 30 (Reuters) - xG Technology Inc ::XG TECHNOLOGY ANNOUNCES FURTHER COST REDUCTION INITIATIVES YIELDING AN ADDITIONAL $5 MILLION IN ANNUAL SAVINGS.XG TECHNOLOGY - CO ALSO ASSESSING STRATEGIC ALTERNATIVES RELATED TO XMAX DIVISION INCLUDING, POSSIBILITY OF DIVESTITURE OF DIVISION.  Full Article

xG Technology - Awarded Subcontract From Leidos To Provide Interference Mitigation Solutions And Simulation Models
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - xG Technology Inc ::XG TECHNOLOGY - AWARDED SUBCONTRACT FROM LEIDOS TO PROVIDE INTERFERENCE MITIGATION SOLUTIONS AND SIMULATION MODELS.  Full Article

xG ‍Technology Q3 loss per shr $0.43
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - xG Technology Inc :xG Technology reports third quarter 2017 results and conference call.Q3 loss per share $0.43.Sees Q4 2017 revenue about $20 million.‍Qtrly revenues for quarter were $10.2 million compared to $1.9 million​.  Full Article

XG Technology and Tesacom sign memorandum of understanding to provide mobile broadband and video communications solutions in Latin America
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - XG Technology Inc :XG Technology and Tesacom sign memorandum of understanding to provide mobile broadband and video communications solutions in Latin America.XG Technology Inc - Focus of agreement will be defense, security and commercial sectors.XG Technology - Co,Tesacom will also explore opportunities for sale of IMT and Vislink Equipment in Latin America​.XG Technology Inc - ‍Signed a MOU with Buenos Aires-based Tesacom for resale of Xmax, IMT and Vislink products and solutions in Latin America​.  Full Article

XG Technology announces adjournment of special meeting
Thursday, 6 Oct 2016 

XG Technology Inc : XG Technology announces adjournment of special meeting . Special meeting adjourned due to potential impact of impending Hurricane Matthew . XG Technology Inc says during period of adjournment, company will continue to solicit proxies from its stockholders .Meeting adjourned to allow additional time for stockholders to vote on proposal set forth in company's proxy statement.  Full Article

James Woodyatt resigned as president of XG Technology
Thursday, 6 Oct 2016 

Xg Technology Inc :On September 30, 2016, James Woodyatt resigned as president of XG Technology, Inc - SEC filing.  Full Article

BRIEF-XG Technology Says Assessing Strategic Alternatives Related To xMax Division

* XG TECHNOLOGY ANNOUNCES FURTHER COST REDUCTION INITIATIVES YIELDING AN ADDITIONAL $5 MILLION IN ANNUAL SAVINGS