earnings
confidence high
sentiment negative
materiality 0.50
Network-1 Q3 net loss $316K, no revenue; cash $41.5M
NETWORK-1 TECHNOLOGIES, INC.
2024-Q3 EPS reported
-$0.08
revenue$100,000
- Q3 net loss $316K ($0.01/sh) vs loss $810K ($0.03) a year ago; no revenue in either quarter.
- Nine-month revenue $100K from lawsuit settlements, down from $820K; nine-month net loss $1.894M ($0.08/sh).
- Cash & securities $41.5M; working capital $41.1M; repurchased 119,615 shares for $189K in Q3.
- Semi-annual dividend $0.05/sh paid Sept 26, 2024; policy unchanged.