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

Acacia posts narrower 2nd-Qtr loss on lower revenue, cost cutting as licensing retreat continues

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman Louis Graziadio III, posted a narrower net loss in the second quarter of 2017 as the company continued its retreat from the licensing business by bringing in less revenue and cutting costs. The Newport Beach, California-based company said its second quarter net loss [...]

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

InterDigital posts 31% increase in net income, though revenue comes in lighter than expected

InterDigital Inc. (IDCC), the technology and patent licensing company run by CEO Bill Merritt, posted a 31% increase in second quarter 2017 net income as revenue increases more than made up for increased costs. Wilmington, Delaware-based InterDigital said its second quarter net income rose to $52.5 million, or $1.46 a share, from $40 million, or [...]

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

Qualcomm is committed to business structure even as it faces profit and revenue declines linked to ongoing royalty war with Apple

Qualcomm Inc. (QCOM), the semiconductor technology and licensing company run by CEO Steve Mollenkopf, said it remains committed to its business structure combining a semiconductor chip manufacturing business and a patent licensing business even as it faces investor concerns about an ongoing royalty war with Apple Inc. (AAPL)and its contract manufacturers. The question about the [...]