chyronhego corp (CHYR) Key Developments
ChyronHego Introduces ChyronHego Virtual Graphics to Brazilian World Cup Viewers
Jun 17 14
ChyronHego announced that TV Record affiliate, TV A Crítica, has integrated ChyronHego Virtual Placement into its existing Lyric PRO-based BlueNet workflow to bring high-quality virtual graphics to air during its World Cup program, Arena Show de Bola. The launch marks Brazil's first ChyronHego Virtual Placement production, bringing TV A Crítica's viewers Lyric PRO content ranging from leader boards and team standings, to player statistics and SHOUT social media commentary -- all from within a 3D augmented reality space.
ITV to Take ChyronHego Lyric(TM) PRO Graphics to Air During World Cup
Jun 10 14
ITV will be implementing a full ChyronHego BlueNet(TM) graphics workflow for its World Cup coverage in Brazil, June 12 to July 13. The workflow will include ChyronHego's Lyric Titling and Animation Plugin for Avid(R) non-linear editing, in addition to live broadcast graphics. ChyronHego will provide ITV with on-site graphics operators and additional support staff for the duration of the games.
ChyronHego Corp. Ratifies Appointment of BDO USA, LLP as Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2014
May 21 14
ChyronHego Corp. announced that at the annual meeting held on May 20, 2014 approved the ratification of the appointment of BDO USA, LLP as ChyronHego's independent registered public accounting firm for the fiscal year ending December 31, 2014.
ChyronHego Seeks Acquisitions
May 16 14
ChyronHego Corp. (NasdaqGM:CHYR) has filed a Shelf Registration in the amount of $50.00 million. ChyronHego intends to use any net proceeds for operations and further development and commercialization of products, and other general corporate purposes, including, but not limited to, working capital, intellectual property protection and enforcement, capital expenditures, repayment of existing indebtedness, investments, acquisitions and collaborations.
Chyronhego Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014
May 9 14
ChyronHego Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. Revenues for the first quarter of 2014 increased 57% to $12.6 million as compared to $8.0 million in the first quarter of 2013. This $4.6 million increase was driven primarily from contribution of services from the 2013 merger with Hego. Net loss attributable to company for the first quarter of 2014 was $3.2 million, or $0.10 per basic and diluted share, as compared to net loss attributable to company of $0.9 million, or $0.05 per basic and diluted share, in the first quarter of 2013. Excluding the mark to market expense of $2.6 million from revaluation of the contingent earn-out shares related to the Hego merger, the Company would have reported net loss of $0.7 million for the first quarter of 2014 compared to a net loss of $0.9 million for the first quarter of 2013. Operating loss was $3.109 million against $0.809 million a year ago. Loss before taxes was $3.305 million against $0.906 million a year ago. Excluding a mark to market adjustments, operating loss in the first quarter 2014 would have been $0.6 million as compared to operating loss of $0.8 million in the first quarter of 2013.