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0.101398601398601 0.171328671328671 0.258741258741259 0.335664335664336 0.0909090909090908 0.108391608391608 0.0664335664335664 0.0839160839160838
Stock impact report

Network-1 Reports Third Quarter Results

Network-1 Technologies, Inc. (NTIP) 
NASDAQ:AMEX Investor Relations: ir.network-1.com
Company Research Source: Accesswire
NEW YORK, NY / ACCESSWIRE / November 12, 2021 / Network-1 Technologies, Inc. (NYSE AMERICAN:NTIP), a company specializing in the development, licensing, and protection of its intellectual property assets, today announced financial results for the quarter ended September 30, 2021.Network-1 had revenue of $17,000,000 and $35,692,000 for the three and nine months ended September 30, 2021, respectively, as compared to revenue of $4,150,000 and $4,366,000 for the three and nine months ended September 30, 2020, respectively. The increase in revenue of $12,850,000 for the three months ended September 30, 2021 was due to revenue of $17,000,000 from a litigation settlement with Hewlett Packard (HP). Similarly, the increase in revenue of $31,326,000 for the nine months ended September 30, 2021 was due primarily to the HP settlement and revenue of $18,692,000 from the resolution of a contractual dispute with Cisco Systems, Inc. concerning the licensing of Network-1's Remote Power Patent.Network- Show less Read more
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