Last $22.87 USD
Change Today -0.45 / -1.93%
Volume 592.9K
VHC On Other Exchanges
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As of 8:04 PM 06/18/13 All times are local (Market data is delayed by at least 15 minutes).

virnetx holding corp (VHC) Snapshot

Open
$23.27
Previous Close
$23.32
Day High
$23.34
Day Low
$22.16
52 Week High
07/16/12 - $41.93
52 Week Low
04/3/13 - $16.10
Market Cap
1.2B
Average Volume 10 Days
572.1K
EPS TTM
$-0.58
Shares Outstanding
51.2M
EX-Date
06/29/10
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for VIRNETX HOLDING CORP (VHC)

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virnetx holding corp (VHC) Details

VirnetX Holding Corporation develops software and technology solutions for securing real-time communications over the Internet. The company’s software and technology solutions include secure domain name registry and GABRIEL Connection Technology that are designed to secure various types of real-time communications over the Internet, as well as enable organizations and individuals to establish communities of secure registered users, and transmit information between various devices, networks, and operating systems. These secure network communities are designed to support content applications, such as Instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, and remote desktop in a secure environment. It also intends to provide a portfolio of licenses and services comprising VirnetX technology; GABRIEL Connection Technology software development kit, including object libraries, sample code, testing and quality assurance tools, and supporting documentation required by customers to implement the company’s technology; domain name registrar service; registrar server software; connection server software; and relay server software, as well as technical support and secure domain name master registry and connection services. The company serves developers and original equipment manufacturers of chips, servers, smart phones, tablets, e-Readers, laptops, net books, and other devices in the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets. VirnetX Holding Corporation was incorporated in 2005 and is headquartered in Zephyr Cove, Nevada.

14 Employees
Last Reported Date: 03/1/13
Founded in 2005

virnetx holding corp (VHC) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $808.5K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $90.0K
Compensation as of Fiscal Year 2012.

virnetx holding corp (VHC) Key Developments

VirnetX Holding Corp Launches GABRIEL Connection Technology(TM) OEM Software Development Kit

VirnetX Holding Corp. announced that its GABRIEL Connection Technology(TM) OEM Software Development Kit (SDK) is now available for OEM customers who want to adopt the GABRIEL Connection Technology(TM) as their solution for establishing secure connections using secure domain names within their products. This OEM SDK can now be purchased under a Source Code and Technology license for an initial license fee and a royalty fee for each device shipped with GABRIEL Connection Technology(TM). VirnetX has developed the GABRIEL Connection Technology(TM) OEM SDK to assist OEMs with rapidly integrating these techniques into existing software implementations with minimal code changes. The GABRIEL Connection Technology(TM) OEM SDK includes object libraries, sample source code, testing and quality assurance tools and the supporting documentation necessary for a customer to implement VirnetX's technology.

VirnetX Holding Corp, Annual General Meeting, May 22, 2013

VirnetX Holding Corp, Annual General Meeting, May 22, 2013., at 09:00 Pacific Standard Time. Location: Harvey’s Resort – South Lake Tahoe, The Emerald Bay Room, 18 Highway 50. Agenda: To elect Michael F. Angelo as a class III director; to ratify the appointment of Farber Hass Hurley LLP as independent registered public accountants for the fiscal year ending December 31, 2013; to approve and adopt the proposed 2013 Equity Incentive Plan, replacing current 2007 Stock Plan; to consider one non-binding stockholder proposal, if it is properly presented at the annual meeting; and to transact such other business that may properly come before the annual meeting or at any adjournment or postponement thereof.

VirnetX Holding Corp. Submits Updates to Licensing Declaration to European Telecommunications Standards Institute and Alliance for Telecommunications Industry Solutions

VirnetX Holding Corp. announced that on April 5, 2013, it submitted updates to its licensing declaration to European Telecommunications Standards Institute (ETSI) and the Alliance for Telecommunications Industry Solutions (ATIS). VirnetX has identified an additional developing specification in the 3GPP LTE, SAE project to which VirnetX's patents and patent applications are or may become essential. The following additional specification is now included in the declaration: 3GPP TS 36.300, 'Evolved Universal Terrestrial Radio Access (E-UTRA) and Evolved Universal Terrestrial Radio Access Network (E-UTRAN); Overall description; Stage 2' Release 10 or prior. VirnetX has now identified 18 specifications or developing specifications in the 3GPP LTE, SAE project to which its patents and patent applications are or may become essential. VirnetX is willing, upon request, to make available a non-exclusive license with respect to necessary claims that have issued in or may issue from VirnetX's identified patents and patent applications for these 18 specifications identified in its updated declaration, to the extent the specifications are adopted as a final standard, subject to the conditions set in the VirnetX's April 27, 2011 Statement of Patent Holder submitted to ETSI and ATIS.

 

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Industry Analysis

VHC

Industry Average

Valuation VHC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1,692.0x
Price/Book 25.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1,637.1x
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