Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Does anyone know if in the 10Q report that if Facebook is indeed the mysterious social media company will it have to see it in print?
lol why thank you sir..will return the favor
imho
mj
Gave you a follow mark just for hanging out with me LOL.
Keep posting I'm here..lol
I'm just going to keep talking to myself until we get some posters here on BBOX..
news this morning and price going up.
I could've written your post as myself here's to both of us on BBOX
I'm still holding some here...waiting to see what kind of sale goes down by Aug 31st...If that recent announcement is FB and they believe in that 300 Million + statement...then they sell this other division in order to live long enough to realize the full brunt of the social media contract..I'm waiting see to what happens...at this point just hoping to recover some funds. I didn't go in too big here..so I'll live either way. Will see what shakes out after this sale.
imho
mj
Has everyone gave up on this ticker ?
For the creditors to grant an extension..I'm liking the possibility of FB being the social network co. and the sale of Fed keeps them afloat until...they pitched a good enough game to get the creditors on board..I'm sure they are privy to more than we are :) Might not cause an immediate knee jerk reaction..but any news on top of this might do it near term...likely we are looking at 30 more days to see what happens..but either way it looks like there's a chance.. below $1 this on way to being priced for BK future..not sure we see that buying opportunity now...will be interesting to follow.
imho
m
Isn't today D day for the government business sale?
You are welcome. It got real quiet after the earnings report. The massive dip to .70 had everyone's attention because it shot back up to $2.20.
Have a good week!
thank you for reply , sure not many eyes on this that's for sure
Sure, I got suckered in as well, but that's okay. I was gambling on the "social media giant" and the earnings reports. I sold most after losing 30%, but buying on the dip.
The long term here is years, not weeks or months. Not a great flipper. The next quarter should see a gross profit margin increase, but any major contract could send this thing moving again.
The bright side of the news here in OTC on this ticker is that the report was at least honest and forthright, and this is a valid company.
$1 is my target re-entry for a small hike in shares for the long term.
Well I sure got suckered in , wasn't thinking about 3 bucks , just the long haul but not so sure now.
Job postings for Black Box in Albany, Ohio.
https://www.glassdoor.com/Jobs/Black-Box-Ohio-Jobs-EI_IE1760.0,9_IL.10,14_IS2235.htm
Job postings for Facebook in Albany, Ohio.
https://www.glassdoor.com/Job/jobs.htm?suggestCount=0&suggestChosen=false&clickSource=searchBtn&typedKeyword=Facebook&sc.keyword=Facebook&locT=S&locId=2235&jobType=&jl=2571778596
If the company puts out a PR confirming Facebook is the social media company referenced in their most recent business deal, yes!
Do you think we hit $3.00 + in a month or sooner?
Can make money on these too...
A DEAD CAT PUMP BOUNCE
LOOK AT THAT UPWARD SPIKE!!! Omg! Something is happening!!
Yeah, that usually means a huge dip, with some recovery as the next quarter comes up or the Social Media announcement is made. Longs are okay here, sometimes it has to get worse before it gets better. Lame cliché, but seems appropriate here.
Where is the announcement of the social media company? Why don’t we know what company yet?
Mr. Trammell concluded by saying, "While we continue to face many challenges, our expectations for the first quarter of Fiscal 2019 is for flat to slightly lower revenues and improved gross profit margin."
Black Box Q4 EPS $(3.37) Down From $0.07 YoY, Sales $194M Miss $194.87M Estimate
8:59 am ET July 16, 2018 (Benzinga) Print
Black Box (NASDAQ:BBOX) reported quarterly losses of $(3.37) per share. This is a 4914.29 percent decrease over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $194 million which missed the analyst consensus estimate of $194.87 million by 0.45 percent. This is a 6.78 percent decrease over sales of $208.1 million the same period last year.
On watch for Monday. Definitely would not recommend anyone holding into earnings. The earnings will be brutal as they have already announced they are on the edge of bankruptcy. Market reaction will determine whether or not Facebook has already been baked into the price. Sounds like they have a nondisclosure agreement attached to new contract. Not sure why anyone would assume they will name the partner on Monday but could not mention "who" last week. A non-disclosure is a nondisclosure. Ready on Monday to go long or short as I am expecting this one to blow through the roof or drop big. Good Luck Everybody!
THESE CEO ARE ALL CROOKS
The ER will be released Monday before market and a conference call will follow at 10:00 a.m. eastern time. Hopefully details of this deal, who the contract is with, restructuring of their debt and future guidance will all be talked about in the CC. They must have something up their sleeve to schedule a conference call just after. Hopefully that is a good sign of confidence going forward with this new CEO. $BBOX
That's okay. A dip here wouldn't be bad before THEN getting the IT contract and the "social media" -- if it's FB -- news to recover. I'm not wishing ppl to lose money here, but a dip loads.
ok , noted , thanks.
Still holding out hope that it's a positive.
I like the idea that they are releasing before Market opens and at the first of the week hopefully that’s a sign of good news
The earnings are obviously not going to be good. This is all about restructuring their debt and future guidance.
Hopefully they are delaying because they want to close the sale of the IT Government contract and then issue finances that reflect the debt eliminated, that coupled with future guidance on the facebook data centers would propel this 10x over the coming year
But don't expect good financials, that's how we got to this share price
I like the idea releasing before market opens , maybe we get a few more eyes on this.
Fb news before earnings would be nice !! Glta
* * $BBOX Video Chart 07-11-18 * *
Link to Video - click here to watch the technical chart video
Yes it is, this was at the same before they announced this deal, so i think we go way higher. I find it hard to believe that someone one short this, but what do i know, lol.
It sure is a beautiful day in the BBOX neighborhood! LoL
On watch for possible update. Hitting $2.30's from the low of $1.88 today. $BBOX
It’s a beautiful day in the BBOX Neighborhood......
Still very cheap in my very modest, but yet uncannily correct opinion.....lol.
75k shares on the ask just got bought at $2.23 a minute ago. Consolidation might be done now and getting ready for the next leg up. $BBOX
Black Box Corporation Named to the Top 50 in CRN’s 2018 Solution Provider 500 List
https://globenewswire.com/news-release/2018/06/12/1520525/0/en/black-box-corporation-named-to-the-top-50-in-crn-s-2018-solution-provider-500-list.html
LAWRENCE, Pa., June 12, 2018 (GLOBE NEWSWIRE) -- Black Box Corporation (NASDAQ:BBOX), the trusted digital partner at the intelligent edge, announced today that CRN®, a brand of The Channel Company, has named Black Box to its 2018 Solution Provider 500 list. The Solution Provider 500 is CRN’s annual ranking of the largest technology integrators, solution providers and IT consultants in North America by revenue.
The Solution Provider 500 is CRN’s predominant channel partner award list, serving as the industry standard for recognition of the most successful solution provider companies in the channel since 1995. The complete list will be published on CRN.com, making it readily available to vendors seeking out top solution providers to partner with.
Black Box is an industry leading provider of intelligent edge technologies across the globe. The company’s Commercial Services business unit’s robust portfolio includes best-of-breed solutions in mobility, unified communications & collaboration, structured cabling, and edge services including: day 2 support, managed services, on-demand services and project services.
The Technology Products Solutions business unit provides a wide range of award-winning products that help enterprises design and secure their networks including the recently introduced Emerald™ Unified KVM Platform. It is the first-ever converged KVM solution that supports both IP and direct connections, physical and virtual desktops and servers, and mixed resolutions up to UHD/4K. You can learn more about this revolutionary product here.
Black Box’s Government Solutions is a global network and communications systems integrator offering complete lifecycle support services across a broad array of industry leading intelligent digital edge products and software for United States Armed Forces, Civilian Agencies, and State and Local Governments. The business unit launched its first proprietary product, Acuity™ Tactical Edge Micro Data Center. Acuity can replace truckloads of equipment and up to 20 personnel, and be deployed within hours even in adverse field conditions. You can learn more about Acuity here.
“Black Box is honored to again be in the Top 50 on this distinguished list. It is a sign of the tremendous value Black Box employees deliver to our customers on a consistent basis,” stated Joel Trammell, CEO and President of Black Box Corporation.
“CRN’s Solution Provider 500 list spotlights the North American IT channel partner organizations that have earned the highest revenue over the past year, providing a valuable resource to vendors looking for top solution providers to partner with,” said Bob Skelley, CEO of The Channel Company. “The companies on this year’s list represent an incredible, combined revenue of $320 billion, a sum that attests to their success in staying ahead of rapidly changing market demands. We extend our sincerest congratulations to each of these top-performing solution providers and look forward to their future pursuits and successes.”
The complete 2018 Solution Provider 500 list is available online at www.crn.com/sp500 and a sample from the list will be featured in the June issue of CRN Magazine.
it should be Wednesday the 25th of July (yahoo earning schedule)
Followers
|
15
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
432
|
Created
|
02/02/12
|
Type
|
Free
|
Moderators |
PITTSBURGH, July 06, 2018 (GLOBE NEWSWIRE) -- Black Box, the trusted digital partner for enterprises across the globe, today announced that it is partnering with one of the world's most renowned and prominent social media organizations on its global data center expansion program. The potential data center work could total $300 million or more for Black Box—making it the largest customer and deal in the company's history.
PITTSBURGH, July 06, 2018 (GLOBE NEWSWIRE) -- Black Box, the trusted digital partner for enterprises across the globe, today announced that it is partnering with one of the world's most renowned and prominent social media organizations on its global data center expansion program. The potential data center work could total $300 million or more for Black Box—making it the largest customer and deal in the company's history.
Black Box's Commercial Services business unit was awarded this U.S.-based data center infrastructure and connectivity project following several years of successful data center work in Europe for the most well-known social media company in the world.
This will be one of the largest projects ever for Black Box and promises to be only the tip of the iceberg. This first award for the almost million square foot data center is worth more than $10 million and marks the beginning of a five to ten year strategic relationship with the social media giant, which is planning a very aggressive global data center expansion program. Conversations are already underway between Black Box and the social media company to add additional site locations and data centers. The potential work could total $300 million or more for Black Box.
In the data center, Black Box is responsible for the rack and stack of network equipment, installation of the infrastructure hardware, and all of the structured cabling, which includes more than 100 miles of fiber optic cabling. Black Box will deploy a dedicated project team ramping up to seventy plus team members for the first project and could see that number grow to over five hundred team members as the program reaches its potential.
In this highly competitive environment, Black Box won the data center project by separating itself through its holistic governance plan and approach, with an emphasis on efficiency and scalability. The approach enables both parties to flex up and down to meet the demands of the data center growth plans.
"This strategic partnership has the potential to be one of the largest in Black Box history," said Joel Trammell, Black Box President and CEO. "The ability to deploy sophisticated data center solutions leverages our intelligent digital edge strategy. Our global scale, repeatable and predictable governance framework, deep technical expertise, and core values alignment differentiated us from our competition and were instrumental in our selection. We look forward to a successful project delivery for this first U.S. data center, and are excited to continue and expand our journey together with our partner."
---------------------------
The company today says it's been awarded a $10M-plus data center project for "the most well-known social media company in the world," with potential data center work that it says could total $300M or more -- the largest customer and deal in company history.
The deal marks a five- to 10-year relationship between the two, Black Box says.
-----------------------------
"This strategic partnership has the potential to be one of the largest in Black Box history," Joel Trammell, Black Box president and CEO, said in a statement. "The ability to deploy sophisticated data center solutions leverages our intelligent digital edge strategy. Our global scale, repeatable and predictable governance framework, deep technical expertise, and core values alignment differentiated us from our competition and were instrumental in our selection. We look forward to a successful project delivery for this first U.S. data center, and are excited to continue and expand our journey together with our partner."
---------------------------
Washington County-based Black Box Corp. said it has been awarded a $10 million contract from a social media organization for digital infrastructure work, including more than 100 miles of fiber optic cabling within an Ohio data center that is almost a million square feet in size.
The company, which describes the contract as “only the tip of the iceberg,” has made regulatory filings in recent weeks noting that its future is uncertain.
The new agreement — which the company said in its official announcement was reached with the “most well-known social media company in the world” — marks the start of a five- to 10-year relationship that could ultimately be worth $300 million to Black Box. That would be the biggest deal ever for the struggling Lawrence-based company as the social media company carries out a “very aggressive global data center expansion program.”
Black Box President and CEO Joel Trammell said in an interview Friday he was not permitted to identify the company or the city where the data center is located. The work would begin “pretty much immediately,” he said. “We’re ramping up.
------------------------
*************ALL OF THE REPORTS, INCLUDING THE PRESS RELEASE, COULD NOT STATE THE MEGA GIANT SOCIAL MEDIA PARTNER*******
BUT WITH A LITTLE DD, IS WAS EASY TO SEE IT IS FACEBOOK
******HERES WHY******
The contract award followed several years of data center work for the same company in Sweden, Mr. Trammell said in the interview.
Washington County-based Black Box Corp. said it has been awarded a $10 million contract from a social media organization for digital infrastructure work,
including more than 100 miles of fiber optic cabling within an Ohio data center that is almost a million square feet in size.
Facebook's new $750 million data center in Ohio
https://money.cnn.com/2017/08/15/technology/facebook-ohio-data-center/index.html
https://www.bizjournals.com/columbus/news/2017/08/15/facebook-to-build-central-ohio-s-largest-data.html
Facebook Data Center Investment in Sweden Nears US$1B
http://www.datacenterknowledge.com/facebook/facebook-data-center-investment-sweden-nears-us1b
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |