Last €0.77 EUR
Change Today +0.003 / 0.39%
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As of 6:10 AM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

vringo inc (V9G) Snapshot

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01/29/14 - €4.06
52 Week Low
10/13/14 - €0.53
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vringo inc (V9G) Details

Vringo, Inc., together with its subsidiaries, develops, acquires, licenses, protects, and monetizes intellectual property worldwide. Its intellectual property portfolio consists of approximately 500 patents and patent applications covering telecom infrastructure, Internet search, and mobile technologies. The company is headquartered in New York, New York.

18 Employees
Last Reported Date: 03/10/14

vringo inc (V9G) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $385.0K
Chief Operating Officer, Secretary and Direct...
Total Annual Compensation: $385.0K
Chief Legal and Intellectual Property Officer
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2013.

vringo inc (V9G) Key Developments

Vringo, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2014

Vringo, Inc. reported earnings results for the second quarter ended June 30, 2014. For the quarter, the company's cash used in operating activities was $4.5 million. Net loss from continuing operations was approximately $10.0 million (including $4.1 million of non-cash costs), mainly attributable to the following: Operating legal costs of $5.6 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 $1.4 million. Revenue from settlements and licensing of $0.8 million. On a per share basis, total net loss (from both continuing and discontinued operations) was $0.12 per basic share, compared to a net loss of $0.13 per basic share for the quarter ended June 30, 2013. Cash used in operating activities was $4.5 million during the second quarter of 2014.

Vringo, Inc. to Report Q2, 2014 Results on Aug 06, 2014

Vringo, Inc. announced that they will report Q2, 2014 results on Aug 06, 2014

ZTE Issues Update on Global Patent Invalidation Action Against Vringo

ZTE Corporation announced that the Patent Re-examination Board of the State Intellectual Property Office of the People's Republic of China is reviewing applications from the company to invalidate 32 patents claimed by Vringo Inc. and its subsidiaries. Further applications to invalidate the patents claimed by Vringo entities will be filed by ZTE to the Patent Re-examination Board. ZTE has also initiated patent invalidation litigations against Vringo in courts in the United Kingdom, Germany and Australia.


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Price/Sales 85.5x
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