Wi-LAN (OTCMKTS:QTRHF) Issues Quarterly Earnings Results

Wi-LAN (OTCMKTS:QTRHF) announced its quarterly earnings data on Thursday. The company reported ($0.05) EPS for the quarter, Zacks reports. Wi-LAN had a negative net margin of 32.08% and a negative return on equity of 51.46%.

Wi-LAN Trading Down 3.5%

OTCMKTS:QTRHF traded down $0.08 during mid-day trading on Thursday, reaching $2.23. The company’s stock had a trading volume of 5,950 shares, compared to its average volume of 36,392. 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 $270.32 million, a P/E ratio of -5.18 and a beta of 1.13. The company’s fifty day simple moving average is $1.68 and its two-hundred day simple moving average is $1.21. Wi-LAN has a twelve month low of $0.64 and a twelve month high of $2.36.

Wi-LAN Company Profile

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.