Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $0.61 USD
Change Today -0.0126 / -2.01%
Volume 174.4K
VRNG On Other Exchanges
Symbol
Exchange
NASDAQ CM
Stuttgart
As of 12:18 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

vringo inc (VRNG) Snapshot

Open
$0.62
Previous Close
$0.63
Day High
$0.64
Day Low
$0.61
52 Week High
05/27/14 - $3.69
52 Week Low
01/6/15 - $0.46
Market Cap
57.4M
Average Volume 10 Days
600.3K
EPS TTM
$-1.15
Shares Outstanding
93.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for VRINGO INC (VRNG)

vringo inc (VRNG) Related Businessweek News

No Related Businessweek News Found

vringo inc (VRNG) Details

Vringo, Inc., together with its subsidiaries, develops, acquires, licenses, protects, and monetizes intellectual property worldwide. Its intellectual property portfolio consists of approximately 600 patents and patent applications covering telecom infrastructure, Internet search, and mobile technologies. The company is headquartered in New York, New York.

13 Employees
Last Reported Date: 03/16/15

vringo inc (VRNG) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $400.0K
President, Chief Technology Officer and Execu...
Total Annual Compensation: $385.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $312.9K
Chief Legal and Intellectual Property Officer
Total Annual Compensation: $312.9K
Compensation as of Fiscal Year 2014.

vringo inc (VRNG) Key Developments

Vringo, Inc. Announces Earnings Results for the First Quarter Ended March 31, 2015

Vringo, Inc. announced earnings results for the first quarter ended March 31, 2015. For the quarter, average monthly cash used in operating activities was approximately $1.2 million compared to approximately $2.8 million during the quarter ended March 31, 2014, a decrease of approximately 57%. Net loss from continuing operations was approximately $7.0 million (including non-cash expenses), mainly attributable to: operating legal costs of $2.8 million in connection with ongoing litigations against ZTE Corporation, ASUSTeK Computer, Inc., and certain of their affiliates and customers, and other planned enforcements of intellectual property, net of legal fee reimbursements received of $1.0 million. On a per share basis, total net loss from continuing operations was $0.07 per basic and diluted share compared to $0.13 per basic and diluted share for the quarter ended March 31, 2014.

Vringo, Inc. Announces Financial Results for the Year Ended December 31, 2014

Vringo, Inc. announced financial results for the year ended December 31, 2014. For the period, the company reported net loss from continuing operations was approximately $109 million (including approximately $80.2 million of net non-cash expenses), mainly attributable to the following: operating legal costs of $24.0 million, mainly in connection with ongoing litigations against ZTE Corporation, Google, Inc., ASUSTeK Computer, Inc., and certain of their affiliates and customers, and other planned enforcements of intellectual property, general and administrative, and other expenses of $6.9 million, non-cash expenses of $82.4 million mainly related to a goodwill impairment charge during the fourth quarter of approximately $65.7 million, other non-cash expenses during 2014 included $11.0 million related to equity-based compensation costs and $3.8 million of amortization related to patents. During 2014, the company reported revenues of approximately $1.4 million. On per share basis, net loss (from both continuing and discontinued operations) was $1.23 per basic share, compared to a net loss of $0.63 per basic share for the year ended December 31, 2013. Total diluted net loss per share was $1.24, compared to a diluted net loss of $0.63 per share for the year ended December 31, 2013.

Vringo, Inc. Announces Impairment Charges for the Fourth Quarter Ended December 31, 2014

Vringo, Inc. announced impairment charges for the fourth quarter ended December 31, 2014. The company reported goodwill impairment charge during the fourth quarter of approximately $65.7 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
VRNG:US $0.61 USD -0.0126

VRNG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Document Security Systems Inc $0.25 USD -0.0106
ITUS Corp $0.12 USD -0.005
Network-1 Technologies Inc $2.19 USD +0.04
Quest Products Corp $0.0025 USD 0.00
Spherix Inc $0.57 USD -0.0239
View Industry Companies
 

Industry Analysis

VRNG

Industry Average

Valuation VRNG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 44.8x
Price/Book 2.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 35.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact VRINGO INC, please visit www.vringoip.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.