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Last $0.55 USD
Change Today -0.025 / -4.39%
Volume 828.1K
VRNG On Other Exchanges
As of 8:10 PM 10/2/15 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
10/27/14 - $1.14
52 Week Low
07/24/15 - $0.39
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. to Approve Amendment to Amended and Restated Certificate of Incorporation

Vringo, Inc. announced that the annual general meeting to be held on November 16, 2015, to approve an amendment to amended and restated certificate of incorporation to effect a reverse stock split of issued and outstanding shares 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.

Vringo, Inc. Announces Earnings Results for the Second Quarter and Cash Flow Results for the First Half Ended June 30, 2015

Vringo, Inc. announced earnings results for the second quarter and cash flow results for the first half ended June 30, 2015. Net loss from continuing operations was approximately $8.5 million (including non-cash expenses) for the quarter ended June 30, 2015, mainly attributable to the operating legal costs of $5.3 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. On a per share basis, total net loss from continuing operations was $0.09 per basic and diluted share for the quarter ended June 30, 2015, compared to a net loss of $0.12 per basic and diluted share for the quarter ended June 30, 2014. The company reported during the first half of 2015, average monthly cash used in operating activities was approximately $1.3 million compared to approximately $2.2 million during the first half of 2014, a decrease of 41%.

Vringo, Inc. Replaces KPMG LLP with CohnReznick LLP as Independent Registered Public Accounting Firm

Vringo, Inc. announced that the audit committee of the board of directors of the company conducted a selection process to determine the company's independent registered public accounting firm for the fiscal year ending December 31, 2015. As a result of this process, the committee approved the appointment of CohnReznick as the company's independent registered public accounting firm for the fiscal year ending December 31, 2015, and the dismissal of KPMG as the company's independent registered public accounting firm, as of July 13, 2015.


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Valuation VRNG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 98.3x
Price/Book 2.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 60.0x

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