WiLAN (WILN) Tops Q3 EPS by 1c
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WiLAN Announces Patent Acquisition From Freescale Semiconductor
November 4, 2015 6:31 AM ESTOTTAWA, CANADA -- (Marketwired) -- 11/04/15 -- WiLAN (TSX: WIN)(NASDAQ: WILN) announces that it has acquired more than 3,300 patents from Freescale Semiconductor ("Freescale"), a leader in processing and sensing solutions. The portfolio was acquired under WiLAN's partnership model. Financial terms were not disclosed.
"Our strategy to grow WiLAN is based in large part on acquiring high quality patents, monetizing our expanding patent portfolio and defending that portfolio," said Jim Skippen, CEO. "Between the recently acquired Qimonda patent portfolio and now the Freescale portfolio, we have added... More
WiLAN Reports Third Quarter 2015 Financial Results and Announces Plan to Reposition for Long-Term Growth
November 4, 2015 6:30 AM ESTOTTAWA, CANADA -- (Marketwired) -- 11/04/15 -- WiLAN (TSX: WIN)(NASDAQ: WILN) today reported financial results for the third quarter of fiscal 2015 which ended September 30, 2015. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Third Quarter 2015 Highlights
-- Revenues of $21.4 million -- Adjusted earnings(i) of $12.2 million, or $0.10 per basic share representing 57% of revenues -- GAAP net earnings of $0.8 million, or $0.01 per basic share -- Trailing twelve month revenues and adjusted earnings were $98.9 million and $56.0 million, respectively -- Signed 11 licenses... More