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Black Box Corporation
Type
public
Traded as NASDAQ: BBOX
S&P 600 Component
Industry Telecommunication
Founded Lawrence, Pennsylvania
June 25, 1975
Headquarters 1000 Park Drive, Lawrence, Pennsylvania, U.S.
Area served
Worldwide
Key people
E.C. Sykes
(CEO)
Products Digital Signage
KVM switches
Network Management
Network Security
Datacenter
WAN Optimization
Revenue IncreaseUS$992M (FY 2015)
Operating income
IncreaseUS$28.574M (FY 2015)
Net income
IncreaseUS$15.3M (FY 2015)
Total assets DecreaseUS$686M (FY 2015)
Total equity DecreaseUS$337M (FY 2015)
Number of employees
4,300
Website www.blackbox.com

Black Box Corporation, also doing business as Black Box Network Services, is headquartered in the Pittsburgh suburb of Lawrence, Pennsylvania, United States. The company is a provider of communications products.

The company has a long history. In the 1970s it was called the Expandor division of Micom Systems, and offered printer switches popularly called "black boxes". It published a popular "Black Box Catalog". Another division, Interlan, sold local area network equipment. After a slow-down in business in the mid-1980s and Black Monday of 1987, Odyssey Partners acquired the company in 1988, through a leveraged buyout. A proposed sale was met with a lawsuit, although the Interlan division was sold to Racal in 1989. Micom was re-organized in 1990 after losses from the debt servicing. Despite getting $5.5 million in fees for the deal, Drexel Burnham Lambert filed for its own bankruptcy the same year. The no-action letter from the United States Securities and Exchange Commission in June 1990 has been used as a legal precedent for similar cases.

The profitable catalog sales business moved from Simi Valley in California to Lawrence, Pennsylvania and changed its name to Black Box Incorporated. The telecommunications product business was split out to a subsidiary called Micom Communications Corporation. An initial public offering was made in December 1992 to cover the debt used to finance the 1990 deal (after two previous failed attempts), under the name MB Communications. In 1994, Micom was spun off, and acquired by Nortel in June 1996.

https://www.blackbox.com


Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2018 2018-02-06 0.00 0.00
Q3 2017 2018-02-06 0.00 -1.85
Q2 2017 2017-10-31 0.00 -0.75
Q1 2017 2017-08-10 0.00 -0.65
Q4 2016 2017-05-09 0.00 -0.12
Q3 2016 2017-01-31 0.00 0.09
Q2 2016 2016-11-01 0.00 -0.40
Q1 2016 2016-08-02 0.00 -0.03
Q4 2015 2016-05-10 0.00 -3.13
Q3 2015 2016-01-26 0.00 0.37

Ratings

2016-01-27 Downgrade Sidoti Buy to Neutral $18.00 to $7.00
2015-08-04 Upgrade Sidoti Neutral to Buy $20.00
2014-09-10 Reiterated Rating Jefferies Group Buy
2014-08-11 Initiated Coverage Singular Research Buy $31.00
2014-06-02 Downgrade Sidoti Buy to Neutral
2014-05-09 Upgrade Sidoti Neutral to Buy
2013-10-30 Downgrade Sidoti Buy to Neutral
2009-10-28 Reiterated Next Generation Neutral $31 to $32
2009-07-21 Downgrade Stifel Nicolaus Buy to Hold
2009-05-22 Reiterated Next Generation Buy $35 to $36
2009-01-28 Reiterated Stifel Nicolaus Buy $36 to $33.50
2008-05-23 Reiterated Stifel Nicolaus Buy $59 to $46
2007-08-15 Reiterated Stifel Nicolaus Buy $58 to $59
2016-01-27 Downgrade Sidoti Buy to Neutral $18.00 to $7.00
2015-08-04 Upgrade Sidoti Neutral to Buy $20.00
2014-09-10 Reiterated Rating Jefferies Group Buy
2014-08-11 Initiated Coverage Singular Research Buy $31.00
2014-06-02 Downgrade Sidoti Buy to Neutral

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Sykes Eslie C President and CEO 0.88%  (136177) BBOX /
MCANDREW MICHAEL Exec VP, CFO, Sec\'y and Treas. 0.58%  (89951) BBOX /
GREIG THOMAS G 0.53%  (82851) BBOX / RTEC /
Trammell Joel T. 0.50%  (77320) BBOX /
Blakemore Ralph T. President and CEO 0.48%  (74376) BBOX /
HELLER JOHN S 0.34%  (52320) BBOX /
Basso Ronald EVP, General Counsel and Sec\'y 0.33%  (52011) BBOX /
GOLONSKI THOMAS W 0.31%  (48350) BBOX /
Crouch Richard L 0.31%  (48150) BBOX /
HERNANDEZ WILLIAM H 0.29%  (44850) ALB / BBOX / KODK / NOC / USG /
ELIAS RICHARD C 0.26%  (40820) BBOX / OLED / PPG /
Davis Kenneth P. Vice President 0.20%  (31536) BBOX /
RUSSO DAVID J SVP, CFO & Treasurer 0.20%  (31014) BBOX / FSTR /
ANDREWS WILLIAM F 0.18%  (27441) BBOX / CXW / TREX /
Huffmyer Timothy C. VP, CFO, Treas. and Sec\'y 0.14%  (22403) BBOX / SMSI /
NICHOLSON EDWARD A 0.14%  (22030) BBOX /
Comparin Cynthia Jane 0.08%  (12350) BBOX /
WERTHEIMBER FRANCIS Senior Vice President 0.06%  (9236) BBOX /

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