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Unwired Planet (NASDAQ:UPIP) announced its earnings results on Thursday. The company reported ($0.07) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.08) by $0.01, American Banking News reports.

Shares of Unwired Planet (NASDAQ:UPIP) traded down 1.20% on Thursday, hitting $1.64. 503,653 shares of the company’s stock traded hands. Unwired Planet has a 1-year low of $1.26 and a 1-year high of $2.47. The stock’s 50-day moving average is $1.45 and its 200-day moving average is $1.65. The company’s market cap is $177.0 million.

Unwired Planet, Inc (NASDAQ:UPIP), formerly Openwave Systems Inc, is an intellectual property and technology licensing company.

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