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WiLan Inc Issues Q4 2012 Guidance; Earnings Guidance Below Analysts' Estimates


Tuesday, 6 Nov 2012 06:30am EST 

WiLan Inc announced that for fourth quarter of 2012, it expects revenue to be at least $20.7 million. For the fourth quarter of 2012, and assuming no additional agreements are signed, adjusted earnings are expected to be in the range of $6.2 million to $7.9 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $23 million and net income of $10.7 million for fourth quarter of 2012. 

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