WiLAN (WILN) Tops Q4 EPS by 1c

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Go back to WiLAN (WILN) Tops Q4 EPS by 1c

WiLAN Reports 2016 Year End and Fourth Quarter Financial Results

February 9, 2017 6:40 AM EST

OTTAWA, CANADA -- (Marketwired) -- 02/09/17 -- WiLAN (TSX: WIN)(NASDAQ: WILN) today reported financial results for the three- and twelve-month periods ended December 31, 2016. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.

Fourth Quarter 2016 Highlights

-- Revenues of $30.2 million -- EBITDA of $17.5 million, or $0.15 per basic share, representing 58% of revenue -- GAAP net earnings of $8.6 million, or $0.07 per basic share -- Acquired portfolios from GLOBALFOUNDRIES Inc. and Kodak Inc. -- Launched litigation in China against Sony Corp.

Fiscal 2016... More