RPX Corporation (RPXC) Tops Q1 EPS by 2c

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RPX Announces First Quarter 2016 Financial Results

May 3, 2016 4:07 PM EDT

SAN FRANCISCO, May 3, 2016 /PRNewswire/ -- RPX Corporation (NASDAQ: RPXC), the leading provider of patent risk management and discovery management solutions, today announced its financial results for the first quarter ended March 31, 2016.

"RPX executed on multiple fronts during the first quarter," said John Amster, CEO of RPX Corporation. "Both the patent risk management and Inventus discovery services businesses performed in-line with expectations. We closed the Inventus acquisition on January 22nd, our Board approved a $25 million increase in our share repurchase authorization, and we raised $100 million through a Term Loan Facility and... More