InterDigital raises 4th-Qtr revenue forecast after signing multi-year license with LG

InterDigital Inc. (IDCC), the wireless technology and licensing company run by CEO William Merritt, on Monday, Dec. 4, raised its fourth quarter revenue guidance after announcing a multi-year, worldwide, non-exclusive patent license with LG Electronics Inc. Wilmington, Delaware-based InterDigital said it expects fourth quarter 2017 revenue to be between $180 million and $210 million, including [...]

By | December 5th, 2017|earnings, Patent Investing|0 Comments

Marathon says it can’t meet deadline for reporting 3Q financial results without undue expense

Marathon Patent Group Inc. (MARA), the patent licensing company that last week said it was reverse merging with Global Bit Ventures Inc., a digital asset technology company that mines cryptocurrencies, said it can't report its third quarter financial results on time. "The compilation, dissemination and review of the information required to be presented in the [...]

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

ParkerVision’s third quarter loss widens on spending related to Milo consumer WiFi product

ParkerVision Corp. (PRKR), the patent licensing company run by CEO Jeffrey Parker, said it posted a wider net loss in the third quarter of 2017 compared with the previous quarter because of activities related to the launch of its new consumer WiFi product. Jacksonville, Florida-based ParkerVision said its third quarter net loss widened to $4.38 [...]

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

DSS posts wider 3rd Qtr net loss on decrease in packing customer orders

Document Security Systems Inc. (DSS), the patent licensing company run by CEO Jeff Ronaldi, said it posted a wider net loss in the third quarter because of a decrease in orders from a packing customer and the comparison with the year ago period that included a $150,000 one time license. Rochester, New York-based DSS said [...]

By | November 14th, 2017|earnings, Patent Investing, Uncategorized|0 Comments

Finjan posts narrower third quarter loss helped by change in fair value of warrant liability

Finjan Holdings Inc. (FNJN), the cybersecurity technology and patent licensing company run by CEO Phil Hartstein, posted a narrower third quarter 2017 net loss even though its costs increased because of a $1.5 million change in the fair value of a warrant liability. The East Palo Alto, California-based company said its third quarter net loss [...]

By | November 9th, 2017|earnings, Patent Investing|0 Comments

Quarterhill says third quarter net income increases on strength of WiLAN licensing revenue

Quarterhill Inc. (QTRH), the diversified holding company run by Executive Chairman Jim Skippen, said its third quarter net income rose thirty-eight-fold to $26.2 million from $657,000 driven by revenue from its WiLAN licensing unit. The Ottawa, Ontario-based company said its third quarter profit per share rose to 22 cents from 1 cent. The company said [...]

By | November 9th, 2017|earnings, Patent Investing|0 Comments

(Update1) Xperi posts fourth consecutive quarterly loss in third quarter on higher R&D and other expenses

Xperi Corp. (XPER), the technology and patent licensing company run by CEO Jon Kirchner, posted its fourth consecutive net loss in the third quarter of 2017 driven by an increase in research and development and other expenses. San Jose, California-based Xperi said its third quarter net loss was $12.1 million, or 24 cents a share, [...]

By | November 2nd, 2017|earnings, Patent Investing, Uncategorized|0 Comments

Qualcomm fiscal 4th Qtr profit plunges 87.5% on charges for antitrust fine in Taiwan

Qualcomm Inc. (QCOM), the technology and licensing company run by CEO Steve Mollenkopf, posted an 87.5% drop in fourth quarter fiscal net income driven by a $778 million charges related to fines imposed by Taiwan antitrust regulators, $189 million of acquisition related charges and $3 million of restructuring charges and a reduction in revenue from [...]

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

RPX posts 21% drop in 3Q net income as fee-related revenue declines offset higher discovery services revenue

RPX Corp. (RPXC), the patent aggregator and provider of discovery services run by CEO Martin Roberts, posted a 21% decline in third quarter 2017 net income as high discovery services revenue was offset by lower subscription revenue and fee related revenue. San Francisco-based RPX said its third quarter net income fell to $6.4 million, or [...]

By | October 30th, 2017|earnings, Patent Investing|0 Comments

Acacia posts 3rd Qtr profit of $158.4M on unrealized gain on Veritone investment

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio III, posted third quarter net income $158.4 million, or $3.13 a share, driven by an unrealized gain on its investment in Veritone Inc. (VERI), the artificial intelligence company that went public earlier this year. The Newport Beach, California-based company said its [...]

By | October 26th, 2017|earnings, Patent Investing|0 Comments