Finjan Holdings, Inc. Announces Unaudited Earnings Results for the Fourth Quarter Full Year Ended December 31, 2017
January 23, 2018 at 08:30 am
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Finjan Holdings, Inc. announced unaudited earnings results for the fourth quarter full year ended December 31, 2017. For the quarter, the company reported nearly 180% year-over-year increase in fourth quarter revenues to $23.4 million.
For the year, the company reported 175% year-over-year increase in revenue to over $50.0 million Net income from operations was approximately $15.0 million or $0.50 per share.
Finjan Holdings, LLC. (Finjan), formerly Finjan Holdings, Inc., is a United States-based cybersecurity company. The Company is focused on inventions that are embedded within a portfolio of patents focusing on software and hardware technologies used to proactively detect previously unknown and emerging threats on a real-time, behavior-based basis. Its cybersecurity business includes a wide range of services, including intellectual property (IP) licensing, cybersecurity consulting services, mobile applications, as well as investments in innovation.