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Message: Re: In Brief - OK but not a home run for sure!

First Quarter 2015 Highlights

  • Revenues of $20.4 million, exceeding guidance by 17%.
  • Adjusted earnings* of $ 6.8 million, or 6 cents per basic share, exceeding the high end of guidance by 112%.
  • Signed eight licenses including two licenses with Texas Instruments, a license with Covidien related to medical stent technology and two wireless license renewals.
  • Acquired a patent portfolio from a major global semiconductor company related to semiconductor power management.
  • Returned $5.2 million to shareholders in dividend payments.
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Apr 30, 2015 01:12PM
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