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thelurker

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thelurker

Re: None

Thursday, 05/28/2015 6:59:55 AM

Thursday, May 28, 2015 6:59:55 AM

Post# of 432654
From the presentation:

After we signed Samsung in 2014, we communicated that we viewed our recurring revenue base to be roughly $300 million; during our first quarter 2015 earnings conference call, we estimated it to have grown to $350 million.
• We now estimate our recurring revenue base to be roughly $400 million, reflecting the strong progress in our overall licensing program.
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