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Network-1 Technologies Inc. (NTIP)

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Last Post: 12/7/2016 5:25:36 PM - Followers: 17 - Board type: Free - Posts Today: 0

NTIP - Power over Ethernet (PoE) Patent Owner, Among Others

Collecting royalties from Cisco through 2020.

From Seeking Alpha article (March 2015):
http://seekingalpha.com/article/2964456-networkminus-1-technologies-an-undiscovered-cash-rich-company-with-a-solid-revenue-stream-could-see-substantial-upside-on-proven-ip-assets

- With $21M+ in cash, no debt, consistent share repurchases of $7.5M+, a $23M NOL carryforwards and a proven multi-million dollar revenue stream with 16 licensees, NTIP is financially rock solid.
- The company’s IP is extremely stable with its key Remote Power Patent overcoming two USTPO re-exams, an IPR, and being licensed (validated) by industry giants such as Cisco.
- The company has two additional avenues of growth which have the potential to provide hundreds of millions in revenue - its Mirror Worlds and Cox patent portfolios.
- 25%+ insider ownership by the company’s impressive CEO Corey Horowitz aligns his interests perfectly with shareholders.
- NTIP’s shares could see a conservative 75% upside growth in 2015 with far greater returns possible for 2016 and beyond.

NEW YORK, Nov. 11, 2016 /PRNewswire/ -- Network-1 Technologies, Inc. (NYSE: NTIP) today announced financial results for the quarter ended September 30, 2016. (Now $58 million cash!)

Network-1 had the largest quarterly revenues in its history with revenue of $34,326,000 for the three months ended September 30, 2016 as compared with revenue of $3,008,000 for the three months ended September 30, 2015.  The increase in revenue of $31,318,000 for the three months ended September 30, 2016, was due primarily to additional licensing revenue of $31,000,000 from settlement and licensing agreements entered into with Apple Inc. and Dell, Inc. during the quarter.   Revenue from royalty bearing licenses for patents decreased $232,000or 14% from $1,658,000 to $1,426,000 for the three months ended September 30, 2016 compared to the three months ended September 30, 2015.

Network-1 had revenue of $59,963,000 for the nine months ended September 30, 2016 as compared to revenue of $10,382,000 for the nine months ended September 30, 2015.  The increase in revenue of $49,581,000 for the nine months ended September 30, 2016, was due primarily to additional licensing revenue of $31,000,000 from settlement and licensing agreements  with Apple Inc., and Dell, Inc. as well as a $17,500,000 settlement of a professional liability claim.   Revenue from royalty bearing licenses for patents increased $70,000 or 1% from $8,593,000 to $8,663,000 for the nine months ended September 30, 2016 compared to the nine months ended September 30, 2015.

Network-1 reported net income of $10,832,000 or $0.46 per share (basic) and $0.43 per share (diluted) for the three months ended September 30, 2016 compared with net income of $407,000 or $0.02 per share (basic and diluted) for the three months ended September 30, 2015. 

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NTIP
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NTIP News: Statement of Changes in Beneficial Ownership (4) 12/05/2016 04:58:32 PM
NTIP News: Current Report Filing (8-k) 11/14/2016 12:58:00 PM
NTIP News: Quarterly Report (10-q) 11/14/2016 06:04:26 AM
NTIP News: Network-1 Reports Record Breaking Third Quarter 2016 Results 11/11/2016 08:45:00 AM
NTIP News: Network-1 Receives Markman Ruling in Patent Litigation Against Major Data Networking Equipment Manufacturers 11/04/2016 08:45:00 AM
PostSubject
#115   Im excited to see tomorrow's action. Dont forget Going2Good 12/07/16 05:25:36 PM
#114   NTIP did it, closed at 3.35! geodan 12/07/16 04:16:53 PM
#113   NTIP accumulation continues,veryStrongChart,StockTA.com 100% bullish geodan 12/07/16 12:11:03 PM
#112   2.60 to 3.30 a straight line rally+Volume, looking geodan 12/06/16 02:04:37 PM
#111   On Fidelity shows yesterday3.30High,3.20CloseButBetterForChart geodan 12/06/16 11:19:26 AM
#110   2Good,its being discovered,EarlyStages geodan 12/06/16 11:12:22 AM
#109   Nice close 3.30  +0.20  (+6.45%) $NTIP 1center 12/05/16 04:03:11 PM
#108   Here we go!!! lots of volume. Going2Good 12/05/16 01:28:54 PM
#107   lots of volume this morning Going2Good 12/05/16 10:16:57 AM
#106   Yeah. That's what I'm thinking. I've been trading Going2Good 12/01/16 03:57:27 PM
#105   3.15-3.20 last hour,NTIP looking strong,MaybeDiscovered? geodan 12/01/16 03:21:15 PM
#104   NTIP 3.25 in aftermarket, no news I can find? geodan 11/30/16 09:48:54 PM
#103   3.15+.10 NTIP starting to Look Exciting on chart geodan 11/30/16 03:06:26 PM
#102   2Good, have no idea why NTIP tardes so geodan 11/25/16 01:43:35 PM
#101   This might possibly be a new base. Let's Going2Good 11/22/16 11:40:50 AM
#100   The past indicates they will use it to geodan 11/22/16 12:02:58 AM
#99   Any indication how they will use cash? $NTIP http://finance.yahoo.com/q/bs?s=NTI 1center 11/21/16 05:16:59 PM
#98   FloggersPost contains evidence that NTIP BestValueStockOutThere 0.3EV/EBITDA geodan 11/21/16 03:13:40 PM
#97   FloggersOfWorseThanWorthlessStocks, ThereIsABetterWay, FlogRealCompanies geodan 11/21/16 02:18:31 PM
#96   243,000 so far, did gap but running not geodan 11/21/16 11:45:43 AM
#95   Volume today will probably hit 500k. I can Going2Good 11/21/16 11:17:25 AM
#94   $NTIP More early volume..accumulating well... 1center 11/21/16 11:07:56 AM
#93   Thanks 1center, Fid more up to date than geodan 11/21/16 01:00:42 AM
#92   Key Statistics: $NTIP 1center 11/20/16 08:44:43 PM
#91   09:33 AM EDT, 11/04/2016 (MT Newswires) -- Network-1 geodan 11/18/16 02:44:09 PM
#90   Lets see how next week goes. Maybe higher highs. Going2Good 11/18/16 01:44:41 PM
#89   NTIP is $3, 15 year new high, if geodan 11/18/16 01:23:34 PM
#88   Here we go!!!!! Volume is picking up. If Going2Good 11/18/16 01:07:03 PM
#87   Good catch 2Good,Yes Volume way up 21kTo415K!!! geodan 11/16/16 05:41:54 PM
#86   Very heavy volume the last few days. I Going2Good 11/16/16 01:10:40 PM
#85   NTIP breaks out to 3 month high, Flat Base geodan 11/14/16 11:11:12 AM
#84   Trading Halt NTIP, 2.70 massive Ask order gone, geodan 11/14/16 11:04:53 AM
#83   It all depends. I believe it will. Going2Good 11/11/16 07:54:39 PM
#82   Hey guys, these numbers really look good today..do shotgun 11/11/16 05:51:53 PM
#81   That is a little overboard! 10% maybe, but Going2Good 11/11/16 04:00:16 PM
#80   Correction it was a 27 bagger I got geodan 11/11/16 03:31:07 PM
#79   2Good, how about $62 in one month? geodan 11/11/16 03:08:14 PM
#78   Almost identical to PTSC before it went up geodan 11/11/16 03:05:10 PM
#77   JustOut $34MillionRevenueThisQ!! NTIP is nowFree Cash=MktCap!! NTIP Network-1 geodan 11/11/16 02:40:14 PM
#76   This stock could possibly be $5 by 2018. Going2Good 11/11/16 11:46:32 AM
#75   Reminds me of PTSC 26 Bagger geodan 11/04/16 11:13:11 AM
#74   Thank you! After looking at their balance sheet, Going2Good 10/19/16 04:00:48 PM
#73   $NTIP....Network-1 Technologies..should add another chunk of cash to 1center 10/19/16 02:31:45 PM
#72   400k+ volume yesterday and 130k+ today. Someone is Going2Good 10/19/16 01:08:46 PM
#71   I expect their revenue to be between 30 Going2Good 10/07/16 01:07:46 PM
#70   Hi guys, Going2Good 10/07/16 12:35:32 AM
#69   Network-1 Announces Settlement Of Patent Litigation With Polycom, 1center 10/04/16 07:47:42 PM
#68   Higher volume than daily average volume. Looks like Anti Spinner 08/26/16 11:04:48 AM
#67   Patent monetizer with $3MM in qtly revs and IPO$ 02/11/16 10:23:21 AM
#66   What's going on with crazy bid movements? willlbone 07/16/15 11:13:53 AM
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