WiLAN Reports Third Quarter 2013 Financial Results

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WiLAN Reports Third Quarter 2013 Financial Results

posted on Nov 06, 2013 06:56AM

WiLAN Reports Third Quarter 2013 Financial Results

Third Quarter 2013 Highlights

Revenues of $20.7 million, meeting guidance.
Returned $7.8 million to shareholders in dividend and share buyback payments.
Signed license agreement with Alcatel-Lucent.
Subsequent to quarter end, signed license agreements with BlackBerry, HP, HTC, Novatel Wireless and Sierra Wireless.
Held cash and cash equivalents and short-term investments of $142.3 million at September 30, 2013.