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Last $0.69 USD
Change Today -0.02 / -2.82%
Volume 229.3K
VRNG On Other Exchanges
Symbol
Exchange
NASDAQ CM
Stuttgart
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

vringo inc (VRNG) Snapshot

Open
$0.70
Previous Close
$0.71
Day High
$0.73
Day Low
$0.69
52 Week High
05/5/14 - $4.27
52 Week Low
01/6/15 - $0.46
Market Cap
64.3M
Average Volume 10 Days
369.5K
EPS TTM
$-1.21
Shares Outstanding
93.4M
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: $385.0K
Chief Legal and Intellectual Property Officer
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2013.

vringo inc (VRNG) Key Developments

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.

Vringo, Inc. to Report Q4, 2014 Results on Mar 16, 2015

Vringo, Inc. announced that they will report Q4, 2014 results on Mar 16, 2015

 

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Industry Analysis

VRNG

Industry Average

Valuation VRNG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 45.0x
Price/Book 2.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales 33.9x
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