earnings
confidence high
sentiment negative
materiality 0.65
ParkerVision Q2 net loss $0.3M vs year-ago net income; patent litigation updates
PARKERVISION INC
2024-Q2 EPS reported
-$0.01
- Net loss of $0.3M ($0.00 per share) for Q2 2024 vs net income of $1.4M ($0.02) in Q2 2023.
- First-half 2024 net loss $1.0M ($0.01 per share) vs net income $14.5M ($0.17) in H1 2023, which included a $25M patent settlement.
- Cash used in operations $1.4M in H1 2024; ended Q2 with $1.0M cash.
- CAFC jurisdiction resolved; Qualcomm appeal resubmitted August 7, 2024; decision awaited.
- Jury trials scheduled in Texas starting March 2025 against Realtek, MediaTek, TI, NXP.