Wi-LAN (OTCMKTS:QTRHF – Get Free Report) posted its earnings results on Thursday. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01), Zacks reports. Wi-LAN had a negative net margin of 35.06% and a negative return on equity of 49.13%.
Wi-LAN Trading Up 10.5%
QTRHF stock traded up $0.12 during midday trading on Thursday, reaching $1.26. The company’s stock had a trading volume of 208,504 shares, compared to its average volume of 11,541. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.87 and a current ratio of 0.96. The stock has a fifty day simple moving average of $0.96 and a two-hundred day simple moving average of $0.79. Wi-LAN has a 1 year low of $0.64 and a 1 year high of $1.26. The firm has a market capitalization of $149.94 million, a price-to-earnings ratio of -2.74 and a beta of 1.04.
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.
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