Intellectual property firm changing name to Quarterhill
Investors in Ottawa-based patent licensing firm WiLAN (TSX:WIN) (NASDAQ:WILN) pushed the company’s shares up more than seven per cent on Thursday following a positive earnings “surprise.”
Patent licensing firm WiLAN (TSX:WIN) (NASDAQ:WILN) said its third-quarter revenues and profits fell this year in part because it passed over several deals with the belief it could negotiate more
Ottawa-based WiLAN saw its revenue drop by more than more half during its second quarter of 2016 compared with the same period the year before.
Ottawa-based WiLAN grew both revenue and earnings in 2015 and CEO Jim Skippen said Thursday the patent-holding company has positioned itself for future growth.
WiLAN says it will be restructuring the business by the end of this year and slashing the company's dividend by 76 per cent starting in January in response to a difficult environment for patent lic
Ottawa-based WiLAN delivered “strong revenue and earnings” in the second quarter of 2015, CEO Jim Skippen said Wednesday.
Wi-LAN president and CEO Jim Skippen plans to retire, the Ottawa-based company announced late Monday.
Effective cost controls and higher revenue helped Ottawa-based WiLAN’s 2015 first-quarter earnings exceed guidance by 112 per cent, its president and CEO said Wednesday.