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

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

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

Wi-LAN Stock Down 0.3%

Shares of OTCMKTS:QTRHF opened at $2.30 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $1.65 and a 200 day simple moving average of $1.18. The firm has a market cap of $279.48 million, a PE ratio of -5.36 and a beta of 1.13. Wi-LAN has a 12-month low of $0.64 and a 12-month high of $2.36.

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.