DSS posts wider 1st Qtr loss as lower revenue from printed products eroded slightly higher tech and licensing revenue

Document Security Systems Inc. (DSS), the printed products technology and patent licensing company run by CEO Jeff Ronaldi, on Tuesday, May 15, posted a wider net loss in the first quarter of 2018 driven by lower than expected revenue and higher costs. Rochester, New York-based DSS posted a net loss of $406,000, or 2 cents [...]

By | May 16th, 2018|earnings, Patent Investing|0 Comments

ParkerVision posts slightly narrower 1st Qtr 2018 loss on cost cutting

ParkerVision Inc. (PRKR), the patent licensing company run by CEO Jeff Parker, posted a narrower net loss in the first quarter of 2018 as it slashed research and development and cut cost. The Jacksonville, Florida-based company posted a first quarter net loss of $4.29 million, or 19 cents a share, versus $4.8 million, or 32 [...]

By | May 15th, 2018|earnings, Patent Investing|0 Comments

TiVo posts narrower first quarter 2018 loss on higher core revenue, cost cuts

TiVo Corp. (TIVO), the technology and patent licensing company run by CEO Enrique Rodriguez, posted a narrower first quarter 2018 net loss on higher core revenue from products and licensing and lower costs. The San Jose, California-based company, which is considering its strategic option to increase shareholder value, said its first quarter net loss fell [...]

By | May 11th, 2018|earnings, Patent Investing|0 Comments

VirnetX says its first quarter 2018 loss widened on higher expenses, lower revenue

VirnetX Holding Corp. (VHC), the patent licensing company that is fighting an appeal of a $502.6 million infringement award against Apple, posted a wider first quarter net loss on higher expenses and lower revenue. The Zephyr Cove, Nevada-based company said its first quarter net loss widened to $7.6 million, or 13 cents a share, from [...]

By | May 10th, 2018|earnings, Patent Investing|0 Comments

(Update1) Immersion rides record first quarter 2018 revenue to profit of $69.9M in first quarter

Immersion Corp. (IMMR), the haptic or touch technology licensing company run by interim CEO Carl Schlachte, swung to a first quarter 2018 profit of $69.9 million or $2.29 a share, on the strength of record revenue from licensing deals. The San Jose, California-based company, which recently won a settlement from Apple believed to be worth [...]

By | May 10th, 2018|earnings, Patent Investing|0 Comments

Quarterhill’s first quarter 2018 net loss widens on lower licensing revenue higher costs

Quarterhill Inc. (QRTH), the patent licensing and diversified holding company run by CEO Doug Parker, swung to wider first quarter 2018 net loss on lower revenue from its WiLAN Inc. patent licensing business and seasonally lower revenue at its IRD and Vizya units. Shares of Quarterhill fell 6.77% or 10 cents to $1.445 in late [...]

By | May 10th, 2018|earnings, Patent Investing|0 Comments

Xperi’s first quarter 2018 net loss almost triples on lower tax benefit

Xperi Corp. (XPER), the technology and patent licensing company run by CEO Jon Kirchner, said its first quarter net loss almost tripled to $33 million, or 67 cents a share, as revenue declined and it received a much lower benefit from income taxes. San Jose, California-based Xperi said its first quarter net loss compared with [...]

By | May 3rd, 2018|earnings, Patent Investing|0 Comments

Acacia swings to much wider first quarter loss on unrealized loss on Veritone investment

Acacia Research Corp. (ACTG), the patent licensing company that is fighting a proxy battle with Sidus Investment Management and BLR Partners over risky investments in technology startups, swung to a much bigger first quarter 2018 net loss because of an unrealized loss on an investment in Veritone Inc. (VERI), the artificial intelligence based advertising platform. [...]

By | May 2nd, 2018|earnings, Patent Investing|0 Comments

(Update8) Private equity firm HGGC to acquire RPX for $555M, RPX posts decline in first quarter earnings

HGGC, a middle market private equity firm run by CEO Rich Lawson, agreed to acquire RPX Corp. (RPXC), the patent aggregator run by CEO Martin Roberts, for a price of $10.50 a share or about $555 million. Palo Alto, California-based HGGC has $4.3 billion in capital commitment and since 2007 has completed more than 90 [...]

By | May 1st, 2018|earnings, Patent Investing|0 Comments

(Update1) InterDigital posts 11.5% decline in 1st-Qtr profit due to new revenue recognition standard

InterDigital Inc. (IDCC), the mobile technology development and licensing company run by CEO William Merritt, posted an 11.5% decline in first quarter 2018 net income because of the adoption of a new revenue recognition standard. The Wilmington, Delaware-based company said its first quarter earnings fell top $29.9 million, or 84 cents a share, from $33.8 [...]

By | April 26th, 2018|earnings, Patent Investing|0 Comments