VirnetX Holding Corp. expects third quarter net loss between $11M and $12M

VirnetX Holding Corp. (VHC), the patent licensing company that won a $439.8 million infringement award against Apple Inc. said it expects to report a net loss of between $11 million and $12 million in the third quarter of 2017. The Zephyr Cove, Nevada-based company said the loss per share will be between 18 cents and [...]

By | October 19th, 2017|earnings, Patent Investing|0 Comments

Quarterhill says 3rd Qtr earnings to be boosted by licensing deal with Samsung and revenue from IRD and VIZIYA

Quarterhill Inc. (QTRH), the diversified holding company previously known as WiLAN Inc., said it expects third quarter revenue and profits to be above expectations because of strong patent licensing results and the inclusion of a full quarter of operations from International Road Dynamics and VIZIYA. The Ottawa, Ontario-based company said its consolidated revenue for the [...]

By | October 2nd, 2017|earnings, licensing agreement, Patent Investing|0 Comments

InterDigital expects third quarter revenue of $90M to $98M including Huawei agreement

InterDigital Inc. (IDCC), the mobile technology research and development and licensing company run by CEO Bill Merritt, said it expects its third quarter 2017 revenue to be between $90 million and $98 million. The Wilmington, Delaware-based company said the revenue guidance includes recurring revenue in the range of $83 million to $88 million.  The total [...]

By | August 22nd, 2017|earnings, Patent Investing|0 Comments

Network-1 Technologies says second quarter profit fell compared with stellar results a year ago

Network-1 Technologies (NTIP), the patent licensing company run by CEO Corey Horowitz, said its second quarter net income plunged to $1.54 million, or 6 cents a share, as revenue compared unfavorably to the year ago quarter, which included a $17.5 million one-time payment and the settlement of a professional liability insurance claim. The New York-based [...]

By | August 15th, 2017|earnings, Patent Investing|0 Comments

(Update1) ParkerVision posts narrower loss as cost cutting offsets increased spending on consumer WI-FI product

ParkerVision Inc. (PRKR), the patent licensing company run by CEO Jeffrey Parker, posted a narrower second quarter net loss of $3.7 million, or 21 cents a share, as higher spending on research and development for its new Milo consumer WI-FI product was offset by lower expenses. Jacksonville, Florida-based ParkerVision's loss compared with a loss of [...]

By | August 14th, 2017|earnings, Patent Investing, Product|0 Comments

(Update1) Marathon swings to $2.2M second quarter loss as revenue misses forecasts

Marathon Patent Group Inc., the patent licensing company that last week started turning over assets to satisfy $15.99 million in debt owed to a unit of Fortress Investment Group, as expected swung to a net loss of $2.2 million, or 10 cents a share, as revenue from licensing settlements failed to materialize. The Los Angeles-based [...]

By | August 14th, 2017|earnings, Patent Investing|0 Comments

Quarterhill swings to second quarter profit as revenue from new businesses makes up for lower licensing revenue

Quarterhill Inc., (QTRH), the diversified holding company formerly known as WiLAN Inc., swung to a profit of $3.6 million in the second quarter as revenue from systems and services made up for a decline in licensing revenue. The Ottawa, Ontario-based company’s profit compared with a second quarter 2016 net loss of $3.15 million, or 3 [...]

By | August 10th, 2017|earnings, Patent Investing|0 Comments

Finjan shares fall 10% after second quarter profit and revenue come in less than expected

Shares of Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, fell more than10% after it posted a wider net loss on lower revenue and higher expenses. Shares were down 27 cents or 9.18% to $2.67 at 1:01 pm New York time. They’ve traded between $1 and $4.06 over [...]

By | August 10th, 2017|earnings, litigation, Patent Investing|0 Comments

RPX reports second quarter net income unchanged from a year ago as lower costs made up for lower revenue

RPX Corp. (RPXC), the patent aggregator and litigation loss control company run by CEO Martin Roberts, said its second quarter net income was unchanged from a year ago as lower expenses made up for a drop in revenue. San Francisco-based RPX posted second quarter net income of $4.2 million, or 8 cents a share, the [...]

By | August 1st, 2017|earnings, Patent Investing|0 Comments

Xperi swings to $39.1M loss in second quarter as R&D, litigation and other costs outpaced revenue gains

Xperi Corp. (XPER), the technology and patent licensing company run by CEO Jon Kirchner, swung to a net loss of $39.1 million, or 79 cents a share, as higher research and development, administrative, patent amortization and litigation costs outpaced revenue gains. The San Jose, California-based company said the net loss compared with net income of [...]

By | July 27th, 2017|earnings, Patent Investing|0 Comments