Unwired Planet, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2013. For the quarter, the company reported total revenues of $30,000 against $20,000 a year ago. Operating loss from continuing operations was $11,227,000 against $5,748,000 a year ago. Net loss from continuing operations was $12,270,000 or $0.13 basic and diluted loss per share against $5,712,000 or $0.07 basic and diluted loss per share a year ago. Net loss was $12,184,000 or $0.13 basic and diluted loss per share against $9,537,000 or $0.11 basic and diluted loss per share a year ago. Non-GAAP net loss was $5,844,000 or $0.06 basic and diluted loss per share against $4,677,000 or $0.05 basic and diluted loss per share a year ago. Net cash used in operating activities was $32,249,000 against $9,001,000 a year ago. Purchase of property, plant and equipment was $111,000 against $27,000 a year ago. For the nine months, the company reported total revenues were $36,000 against $15,046,000 a year ago. Operating loss from continuing operations was $29,961,000 against $870,000 a year ago. Net loss from continuing operations was $30,915,000 or $0.34 basic and diluted loss per share against $1,081,000 or $0.01 basic and diluted loss per share a year ago. Net loss was $38,904,000 or $0.43 basic and diluted loss per share against $17,286,000 or $0.20 basic and diluted loss per share a year ago. Non-GAAP net loss was $19,969,000 or $0.22 basic and diluted per share against loss of $1,938,000 or $0.02 basic and diluted loss per share a year ago. Net cash used in operating activities was $62,320,000 against $23,211,000 a year ago. Purchase of property, plant and equipment was $37,000 against $523,000 a year ago.

Unwired Planet, Inc., Q3 2013 Earnings Call, May 09, 2013

Unwired Planet, Inc. - Analyst/Investor Day