Network-1 Technologies 10/24/2024 Earnings Report

Network-1 Technologies EPS Results

• Actual EPS: -$0.01
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Network-1 Technologies Revenue Results

• Actual Revenue: N/A
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Network-1 Technologies Announcement Details

• Date: 10/24/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Network-1 Technologies (NYSEAMERICAN:NTIP) is a technology licensing company that focuses on the acquisition, development and monetization of intellectual property. The firm’s core business revolves around enforcing and licensing its patent portfolio to manufacturers and distributors of networking and power delivery equipment. By leveraging its proprietary technologies, Network-1 seeks to generate recurring revenue through negotiated licensing agreements and, when necessary, litigation to protect its patents.

The company’s principal assets consist of granted patents and patent applications related to Power over Ethernet (PoE) and network security technologies. Network-1 licenses these patents to a broad range of end-equipment manufacturers, including makers of switches, routers, wireless access points and other devices that deliver power and data over Ethernet cabling. The firm also explores strategic acquisitions of complementary patent portfolios to expand its licensing opportunities.

Headquartered in New York City, Network-1 Technologies was incorporated in 1992. Over the years, the company has transitioned from a technology development business into a focused IP licensing entity, seeking to maximize returns for shareholders by enforcing patents in jurisdictions around the world. Network-1’s management team continually evaluates its portfolio for enforcement and licensing prospects, aiming to balance negotiations with litigation as appropriate.

Operating on a global basis, Network-1 has secured licensing arrangements in North America, Europe and Asia. The company’s leadership is led by President and Chairman David L. Snell, who has overseen the firm’s strategic shift toward patent monetization. Network-1 continues to explore new patent assets and partnership opportunities to strengthen its licensing platform and deliver value to stakeholders.