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WiLan Inc Issues Q2 2013 Guidance; Net Income Guidance Below Analysts' Estimates


Wednesday, 8 May 2013 06:00am EDT 

WiLan Inc announced that for second quarter of 2013, it expects revenue to be at least $17.5 million. This revenue guidance does not include the potential impact of any new agreements that may be signed during the balance of the second quarter of 2013 or the potential impact of any royalties identified in audits conducted by the Company. For the second quarter of 2013, and assuming no additional agreements are signed, adjusted earnings are expected to be between a loss of $1.0 million and earnings of $1.0 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $20.0 million and net income of $1.52 million for second quarter of 2013. 

Company Quote

3.23
-0.03 -0.92%
17 Apr 2014