WiLAN (WILN) Misses Q2 EPS by 4c

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Go back to WiLAN (WILN) Misses Q2 EPS by 4c

WiLAN Reports 2016 Second Quarter Financial Results

July 28, 2016 6:31 AM EDT

OTTAWA, CANADA -- (Marketwired) -- 07/28/16 -- WiLAN (TSX: WIN)(NASDAQ: WILN) today reported financial results for the three- and six-month periods ended June 30, 2016. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.

Q2 2016 Highlights

-- Revenues of $16.0 million -- EBITDA(i) of $7.1 million, or $0.06 per basic share -- Cash balance increased to $103.7 million at June 30, 2016 -- Returned $2.0 million to shareholders in dividend payments and buyback purchases -- Acquired a patent portfolio from SRI International covering technologies used for intelligent... More