InterDigital expects total 3rd-Qtr revenue between $71M and $75M

InterDigital Inc. (IDCC), the mobile technology research and development and licensing company run by CEO William Merritt, said on Sept. 5 it expects total third quarter 2018 revenue to be between $71 million and $75 million. The Wilmington, Delaware-based company said the range is comprised almost entirely of recurring revenue and includes a small revenue [...]

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

Shares of ParkerVision plunge as investors confront need for additional capital to cover debt owed to Brickell Key

Shares of ParkerVision Inc. (PRKR), the patent licensing company run by CEO Jeffrey Parker, fell 33% or 19 cents to 38.85 cents a share today and another 28.7% or 11 cents to 27.3 cents in after-hours trading following the company’s issuance of stock in a private investment in public equity to Aspire Capital Partners and [...]

By | August 15th, 2018|earnings, Financing, Patent Investing|0 Comments

November jury verdict in patent dispute with HP causes Network-1 to post a second quarter loss

Network-1 Technologies Inc. (NTIP), the patent licensing company run by CEO Corey Horowitz, swung to a second quarter 2018 net loss as licensees began withholding royalties because of a jury verdict of invalidity and non-infringement in a patent dispute with Hewlett-Packard in November 2017. New York-based Network-1 posted a net loss of $564,000, or 2 [...]

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

(Update1) Quarterhill actively looking for acquisitions, swings to second quarter loss on lower revenue at WiLAN

Quarterhill Inc. (QRTH), the patent licensing and diversified holding company run by CEO Doug Parker, said it is actively looking for acquisitions of software technology startups as it continues to reduce reliance on its patent licensing business. In addition, the Ottawa, Ontario-based company swung to a second quarter net loss of $7.9 million, or 7 [...]

By | August 9th, 2018|earnings, Patent Investing|0 Comments

(Update2) Xperi 2nd Qtr 2018 net loss narrows slightly on cost cutting

Xperi Corp. (XPER), the technology and patent licensing company run by CEO Jon Kirchner, said its second quarter net loss narrowed slightly as it cut costs to help stem lower revenue. San Jose, California-based Xperi said its second quarter net loss narrowed to $28.3 million, or 58 cents a share, from $39.06 million, or 79 [...]

By | August 8th, 2018|earnings, Patent Investing|0 Comments

(Update1) TiVo posts wider 2nd-Qtr loss, says ongoing strategic review has eliminated acquisitions as way to grow

TiVo Corp. (TIVO), the entertainment technology and patent licensing company run by interim CEO Raghu Rau, posted a much wider net loss in the second quarter of 2018 on lower revenue from licensing services and software and hardware. The San Jose, California-based company also provided preliminary results of its strategic review conducted by LionTree Advisors, [...]

By | August 8th, 2018|earnings, exec changes, Patent Investing|0 Comments

(Update3) Acacia posts wider second quarter loss and departure of officers and directors

Acacia Research Corp. (ACTG), the patent licensing company that is going through a leadership change after a proxy battle that unseated former Executive Chairman G. Louis Graziadio III, posted a much wider second quarter net loss because of $29.2 million impairment charge. The Newport Beach, California-based company also said that Marc Booth, a former executive [...]

By | August 8th, 2018|earnings, exec changes, Patent Investing|0 Comments

Shares of Immersion plunge 24% after it posts narrower net loss that still missed expectations

Shares of Immersion Corp. (IMMR), the haptic or touch technology and licensing company run by interim CEO Carl Schlachte, plunged 24.4% after the company posted a narrower net loss in the second quarter of 2018 that missed analyst expectations. Immersion shares fell $3.45 to $10.78 Friday, Aug. 3 in trading. They have traded between 5.76 [...]

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

InterDigital posts drop in second quarter 2018 profit on lower non-recurring revenue

InterDigital Inc. (IDCC), the mobile technology and licensing company run by CEO William Merritt, posted a decline in second quarter 2018 earnings because of a comparison with a year ago quarter that included $47.9 million in one-time revenue. Wilmington, Delaware-based InterDigital posted second quarter net income of $9.78 million, or 30 cents a share, under [...]

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

(Update1) Finjan hires Atlas Technology Group to evaluate strategic opportunity, swings to profit in second quarter

Finjan Holdings Inc. (FNJN), the cybersecurity technology and patent licensing company run by CEO Phil Hartstein, said it has hired the investment bank Atlas Technology Group LLC to assist the company in evaluating strategic options that have recently presented themselves to Finjan. East Palo Alto, California-based Finjan said the goal of this process is for [...]

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