Wi-LAN (OTCMKTS:QTRHF – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.13) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $43.16 million for the quarter, compared to the consensus estimate of $42.85 million. Wi-LAN had a negative return on equity of 77.66% and a negative net margin of 37.94%.
Wi-LAN Trading Down 2.2%
OTCMKTS:QTRHF opened at $1.76 on Thursday. The company has a current ratio of 1.19, a quick ratio of 1.09 and a debt-to-equity ratio of 0.38. Wi-LAN has a twelve month low of $0.64 and a twelve month high of $2.36. The company has a fifty day moving average of $1.95 and a 200-day moving average of $1.45.
Wi-LAN Company Profile
Wi-LAN is an intellectual property licensing company that develops, acquires and monetizes patents used in communications, consumer electronics, automotive systems and other technology applications. Its business generally involves negotiating licensing agreements with companies whose products or services incorporate technologies covered by Wi-LAN’s patent portfolios. The company has historically focused on wireless communication standards and related technologies, including inventions used in mobile networks, wireless connectivity and digital devices.
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