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Unwired Planet, Inc. Announces First Fiscal Year 2016 Financial Results

November 9, 2015 4:10 PM EST

LOS ALTOS, Calif.--(BUSINESS WIRE)-- Unwired Planet, Inc. (NASDAQ: UPIP) today announced financial results for the first quarter fiscal year 2016.

Revenue for the first quarter ended September 30, 2015 was $1.3 million, while loss from continuing operations totaled $10.2 million.

We have been working tirelessly on a strategy to reinvigorate Unwired Planet with financial stability, while executing on our IP licensing business, said Boris Teksler, president and chief executive officer. With the addition of a new CFO and new board members, we are assembling a team with the financial acumen to develop and execute on the next... More