Welcome to our dedicated page for Network 1 Techno news (Ticker: NTIP), a resource for investors and traders seeking the latest updates and insights on Network 1 Techno stock.
Network-1 Technologies Inc (NTIP) operates at the intersection of intellectual property and technology innovation, specializing in strategic patent licensing across telecommunications, IoT, and financial trading systems. This news hub provides investors and industry observers with essential updates on the company’s licensing agreements, legal developments, and portfolio expansions.
Access real-time updates on NTIP’s patent monetization strategies, including settlements from its Remote Power and High Frequency Trading portfolios. The page serves as a definitive source for understanding how the company converts intellectual property into revenue through structured legal agreements and partnerships.
Key updates cover patent acquisition announcements, licensing deal terms with tech manufacturers, and outcomes of IP litigation cases. Users will also find analysis of how NTIP’s M2M/IoT patents influence emerging connectivity standards in mobile networks and smart devices.
Bookmark this page to monitor NTIP’s ongoing efforts to protect and monetize cutting-edge innovations. Check regularly for official press releases detailing new partnerships and strategic moves in the intellectual property sector.
Network-1 Technologies, Inc. (NYSE American:NTIP) reported financial results for Q2 2024. Key points include:
- Revenue of $100,000 for Q2 and H1 2024, down from $283,000 and $820,000 in the same periods of 2023
- Net loss of $658,000 ($0.03 per share) for Q2 2024, compared to a net loss of $476,000 ($0.02 per share) in Q2 2023
- Cash and cash equivalents of $42,599,000 as of June 30, 2024
- Repurchased 373,701 shares at an average price of $1.84 in Q2 2024
- Continued semi-annual dividend of $0.05 per share
The company focuses on acquiring and monetizing intellectual property, with 102 U.S. patents and 16 international patents in various technology areas.
Network-1 Technologies, Inc. (NTIP) reported no revenue for Q1 2024, a decrease from $537,000 in Q1 2023 due to patent settlement. The company had a net loss of $920,000 compared to $623,000 in the same period last year. Despite losses, Network-1 holds cash and marketable securities totaling $43,394,000 and maintains a Share Repurchase Program. The company continues to pay semi-annual dividends of $0.05 per share.
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