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Last $0.31 USD
Change Today -0.0153 / -4.67%
Volume 1.1M
VRNG On Other Exchanges
As of 5:10 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

vringo inc (VRNG) Snapshot

Previous Close
Day High
Day Low
52 Week High
11/28/14 - $1.09
52 Week Low
10/29/15 - $0.28
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for VRINGO INC (VRNG)

vringo inc (VRNG) Related Businessweek News

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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
Chief Financial Officer and Treasurer
Total Annual Compensation: $312.9K
Head of Technology
Total Annual Compensation: $385.0K
Chief Legal & Intellectual Property Officer a...
Total Annual Compensation: $312.9K
Compensation as of Fiscal Year 2014.

vringo inc (VRNG) Key Developments

Vringo, Inc. Approves the Amendment to the Amended and Restated Certificate of Incorporation

Vringo, Inc. approved the amendment to the company's amended and restated certificate of incorporation to effect a reverse stock split of the company's issued and outstanding shares of common stock, at a ratio within the range of one-for-two to one-for-ten, such ratio to be determined by Board of Directors, at the AGM held on November 16, 2015.

Vringo, Inc. Approves the Selection of Cohn Reznik LLP as Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2015

Vringo, Inc. approved the selection of Cohn Reznik LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2015, at the AGM held on November 16, 2015.

Vringo, Inc. Announces Earnings Results for the Third Quarter Ended September 30, 2015

Vringo, Inc. announced earnings results for the third quarter ended September 30, 2015. For the quarter, the company net loss was approximately $11.9 million, including non-cash expenses, mainly attributable to operating legal costs of $6.6 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; general and administrative expenses excluding non-cash expenses of $1.2 million; non-cash expenses of $1.9 million related to equity-based compensation costs and amortization of patents; and non-cash expenses of $2.2 million related to re-valuations of warrants and the conversion feature on the senior secured convertible notes, interest expense and extinguishment of debt. On a per share basis, total net loss from continuing operations was $0.12 per basic and diluted share compared to a net loss of $0.13 per basic share and $0.16 per diluted share for the quarter ended September 30, 2014.


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Valuation VRNG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 89.5x
Price/Book 2.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 49.1x

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