Wi-LAN (OTCMKTS:QTRHF – Get Free Report) released its quarterly earnings results on Tuesday. The company reported ($0.13) earnings per share for the quarter, Zacks reports. The business had revenue of $43.16 million during the quarter, compared to analyst estimates 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 Price Performance
Shares of QTRHF opened at $1.76 on Thursday. Wi-LAN has a 12 month low of $0.64 and a 12 month high of $2.36. The stock’s 50 day moving average is $1.95 and its two-hundred day moving average is $1.45. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.19 and a quick ratio of 1.09.
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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