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Article: WiLAN Reports Third Quarter 2009 Financial Results; Revenues double from same quarter in 2008.
- Article from:
- Marketwire Canada
- Article date:
- September 3, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OTTAWA, CANADA, Sep 3, 2009 (Marketwire via COMTEX) -- Wi-LAN Inc. ("WiLAN" or the "Company") (TSX:WIN), a leading technology innovation and licensing company, today announced financial results for the third quarter ended July 31, 2009. All financial amounts are expressed in Canadian dollars.
Third Quarter 2009 Highlights:
- Revenues of $9.6 million as compared to $4.8 million in Q3 2008.
- Pro forma earnings(i) of $3.5 million or 4 cents per share as compared to pro forma earnings of $495 thousand or 1 cent per share in Q3 2008.
- GAAP net loss of $1.3 million or 1 cent per share as compared to a GAAP net loss of $3.5 million or 4 ...