Parkervision, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 04:40 pm
Share
ParkerVision, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced net loss was USD 3.585 million compared to USD 1.562 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to USD 0.05 a year ago. For the half year, net loss was USD 11.506 million compared to USD 3.656 million a year ago. Basic loss per share from continuing operations was USD 0.27 compared to USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.27 compared to USD 0.12 a year ago.
ParkerVision, Inc. is engaged in the business of fundamental wireless technologies and products. The Company has designed and developed proprietary radio frequency (RF) technologies and integrated circuits based on those technologies, and it licenses the Companyâs technologies to others for use in wireless communication products. The Company has patent enforcement actions ongoing in various United States district courts against mobile handsets, smart television and other wireless fidelity (WiFi) product providers, as well as semiconductor suppliers, for the infringement of several of its RF patents. Its RF technologies enable transmission and reception of RF carriers at low power consumption, thereby enabling extended battery life, and certain size, cost, performance and packaging advantages. The Company is focused on the enforcement of its intellectual property rights through licensing efforts and patent infringement litigation. Its wholly owned German subsidiary is ParkerVision GmbH.
PARKERVISION, INC. 
