Cowen Cuts Price Target on RPX Corporation (RPXC) Following 3Q Results
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RPX Announces Third Quarter 2015 Financial Results
October 27, 2015 4:05 PM EDTSAN FRANCISCO, Oct. 27, 2015 /PRNewswire/ -- RPX Corporation (NASDAQ: RPXC), the leading provider of patent risk management solutions, today announced its financial results for the third quarter ended September 30, 2015.
Financial Highlights
Subscription revenue for the third quarter of fiscal 2015 was $68.2 million, up 9% compared to $62.7 million in the prior year period There were 245 clients in RPX's network as of September 30, 2015, including 77 insurance policy holders."RPX made steady progress in the third quarter," said John Amster, CEO of RPX Corporation. "We continued to quantifiably reduce... More
