Wi-LAN (QTRHF) to Announce Quarterly Earnings on Thursday

Wi-LAN (OTCMKTS:QTRHF) is expected to be posting its results before the market opens on Thursday, August 13th. Analysts expect Wi-LAN to post earnings of ($0.0050) per share and revenue of $43.1590 million for the quarter.

Wi-LAN (OTCMKTS:QTRHF) last issued its earnings results on Thursday, May 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Wi-LAN had a negative return on equity of 51.46% and a negative net margin of 32.08%.The business had revenue of $38.61 million for the quarter, compared to the consensus estimate of $37.28 million.

Wi-LAN Stock Up 3.1%

Shares of Wi-LAN stock opened at $2.17 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.94 and a quick ratio of 0.86. The stock has a market cap of $263.89 million, a price-to-earnings ratio of -5.06 and a beta of 1.13. The firm’s 50-day moving average is $1.60 and its two-hundred day moving average is $1.15. Wi-LAN has a 1 year low of $0.64 and a 1 year high of $2.25.

About Wi-LAN

Wi-LAN Inc, trading on the OTCMKTS as QTRHF, is a Canadian technology company specializing in licensing and monetizing intellectual property in the semiconductor and wireless communications sectors. Headquartered in Ottawa, Ontario, the company acquires, develops and licenses patents covering a range of technologies, with particular emphasis on standards-based innovations in cellular networking, Wi-Fi and Internet of Things (IoT) applications. Through patent sales and licensing agreements, Wi-LAN seeks to generate revenue from its extensive portfolio of proprietary technologies.

Originally founded in 1992, Wi-LAN has evolved its business model from technology development to intellectual property management and enforcement.