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Last $0.80 USD
Change Today -0.0049 / -0.61%
Volume 52.5K
UPIP On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 11:33 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

unwired planet inc (UPIP) Key Developments

Unwired Planet, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended June 30, 2015

Unwired Planet, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended June 30, 2015. For the year, the company reported net revenue of $4,505,000 against $36,396,000 a year ago. Loss from continuing operations was $41,586,000 against income from continuing operations of $453,000 a year ago. Net loss was $41,758,000 against net income of $433,000 a year ago. Basic and diluted net loss per share was $0.37. Basic and diluted net loss per share from continuing operations was $0.37. Net cash used in operating activities was $59,973,000 against net cash from operating activities of $74,276,000 a year ago. Purchases of property and equipment were $30,000 against $72,000 a year ago. Operating loss from continuing operations was $37,594,000 against operating income from continuing operations of $3,404,000 a year ago. Revenue for the fourth quarter ended June 30, 2015 was $0.8 million, while loss from continuing operations totaled $9.0 million. On a GAAP basis, net loss for the fourth quarter ended June 30, 2015 was $9.0 million, or $0.08 per share, compared with a net income of $24.3 million, or $0.22 per share, in the fourth quarter of the preceding year.

Unwired Planet, Inc., Q4 2015 Earnings Call, Aug 25, 2015

Unwired Planet, Inc., Q4 2015 Earnings Call, Aug 25, 2015

Unwired Planet, Inc. Appoints Noah Mesel as General Counsel, Corporate Secretary, and Executive Vice President, Legal and Government Affairs

Unwired Planet, Inc. announced the appointment of Noah Mesel as General Counsel, Corporate Secretary, and Executive Vice President, Legal and Government Affairs, effective July 30, 2015. Mesel joins Unwired Planet from ASSIA Inc., where he oversaw all legal affairs of the company, including advising management and the board on intellectual property protection, commercial and strategic licensing transactions, corporate governance and international business.

Unwired Planet, Inc.(NasdaqGS:UPIP) dropped from Russell 2000 Index

Unwired Planet, Inc. will be removed from Russell 2000 Index

Unwired Planet, Inc.(NasdaqGS:UPIP) dropped from Russell 3000 Index

Unwired Planet, Inc. will be removed from Russell 3000 Index.

 

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Industry Analysis

UPIP

Industry Average

Valuation UPIP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 20.2x
Price/Book 3.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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