Last $14.51 USD
Change Today -0.01 / -0.07%
Volume 154.5K
RPXC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 1:11 PM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

rpx corp (RPXC) Snapshot

Open
$14.44
Previous Close
$14.52
Day High
$14.53
Day Low
$14.26
52 Week High
10/30/13 - $18.75
52 Week Low
09/22/14 - $14.26
Market Cap
779.5M
Average Volume 10 Days
319.5K
EPS TTM
$0.63
Shares Outstanding
53.7M
EX-Date
--
P/E TM
23.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for RPX CORP (RPXC)

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rpx corp (RPXC) Details

RPX Corporation provides patent risk management solutions in the United States, Japan, and internationally. It offers a subscription-based patent risk management solution that facilitates exchanges of value between owners and users of patents. The company provides a defensive patent aggregation in which it acquires patents assets to offer clients with licenses to protect them from patent infringement assertions; and insurance services to small- and medium-sized businesses to cover certain costs of NPE patent litigation. It also offers its clients with access to its proprietary patent market intelligence and data. RPX Corporation’s clients include companies that design, make, or sell technology-based products and services, as well as companies that use technology in their businesses. The company was founded in 2008 and is headquartered in San Francisco, California.

138 Employees
Last Reported Date: 08/7/14
Founded in 2008

rpx corp (RPXC) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $700.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $801.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $490.8K
Head of Client Development & Relations and Se...
Total Annual Compensation: $403.5K
Senior Vice President
Total Annual Compensation: $403.1K
Compensation as of Fiscal Year 2013.

rpx corp (RPXC) Key Developments

Innovative Display Technologies LLC and Delaware Display Group LLC Enters into Agreement with RPX Corporation

Acacia Research Corporation announced that Innovative Display Technologies LLC and Delaware Display Group LLC, both the company's subsidiaries, have entered into an agreement with RPX Corporation.

RPX Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Full Year 2014

RPX Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company’s revenue for the second quarter of fiscal 2014 was $64.593 million, compared to $57.481 million in the prior year period. Operating income was $14.871 million against $16.925 million a year ago. Income before provision for income taxes was $14.965 million against $16.988 million a year ago. Net income was $9,399 million against $10,697 million a year ago. Net income available to common stockholders was $9.399 million or $0.17 per diluted share against $10.691 million or $0.20 per diluted share a year ago. Non-GAAP net income was $12.945 million or $0.24 per pro forma diluted share against $14.037 million or $0.26 per pro forma diluted share a year ago. For the six months, the company reported revenue of $126.181 million against $118.675 million a year ago. Operating income was $30.584 million against $39.976 million a year ago. Income before provision for income taxes was $30.777 million against $40.090 million a year ago. Net income was $19.259 million against $25.392 million a year ago. Net income available to common stockholders was $19.259 million or $0.35 per diluted share against $25.370 million or $0.48 per diluted share a year ago. Net cash provided by operating activities was $100.305 million against $123.379 million a year ago. Purchases of property and equipment were $0.790 million against $0.874 million a year ago. Non-GAAP net income was $25.660 million or $0.47 per pro forma diluted share against $31.585 million or $0.59 per pro forma diluted share a year ago. The company provided earnings guidance for the third quarter and full year 2014. For the third quarter, the company announced that this outlook reflects the company's current and preliminary view and may be subject to change. The company’s third quarter of fiscal 2014 subscription revenue expected to be in the range of $62.3 million - $63.0 million. Fee-related revenue expected to be $0.8 million. Total revenue expected in the range of $63.1 million - $63.8 million. Net income (non-GAAP) expected in the range of $12.0 million - $12.6 million. Effective tax rate (non-GAAP) expected to be 37%. For full year 2014, the company’s subscription revenue expected to be in the range of $246 million - $258 million. Fee-related revenue expected to be in the range of $8 million - $10 million. Total revenue expected to be in the range of $254 million - $268 million. Net income (non-GAAP) expected to be in the range of $53 million - $57 million. Effective tax rate (non-GAAP) expected to be 37%.

RPX Seeks Acquisitions

RPX Corporation (NasdaqGS:RPXC) is seeking acquisitions. Ned Segal, Chief Financial Officer of RPX, said, “We're just executing more opportunities to acquire assets that amortize over shorter periods and we continue to be disciplined about focusing on cash outlay and client savings rather than amortization. As a result, it's prudent to think about going forward amortization periods on assets acquired around the 40-month level.”

 

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Industry Analysis

RPXC

Industry Average

Valuation RPXC Industry Range
Price/Earnings 22.8x
Price/Sales 3.2x
Price/Book 1.7x
Price/Cash Flow 22.5x
TEV/Sales 1.9x
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