Network-1 Technologies (NYSEAMERICAN:NTIP) Announces Quarterly Earnings Results

Network-1 Technologies (NYSEAMERICAN:NTIPGet Free Report) posted its quarterly earnings results on Friday. The company reported ($0.04) earnings per share (EPS) for the quarter, reports.

Network-1 Technologies Stock Down 3.6 %

Shares of NTIP opened at $1.87 on Monday. Network-1 Technologies has a 52-week low of $1.76 and a 52-week high of $2.60.

Network-1 Technologies Dividend Announcement

The firm also recently announced a semi-annual dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.05 per share. This represents a dividend yield of 4.6%. The ex-dividend date was Thursday, March 14th. Network-1 Technologies’s dividend payout ratio (DPR) is presently -142.86%.

Hedge Funds Weigh In On Network-1 Technologies

A hedge fund recently raised its stake in Network-1 Technologies stock. Empowered Funds LLC boosted its holdings in Network-1 Technologies, Inc. (NYSEAMERICAN:NTIPFree Report) by 8.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 95,294 shares of the company’s stock after purchasing an additional 7,175 shares during the quarter. Empowered Funds LLC owned about 0.41% of Network-1 Technologies worth $197,000 at the end of the most recent quarter. Institutional investors own 29.07% of the company’s stock.

Network-1 Technologies Company Profile

(Get Free Report)

Network-1 Technologies, Inc engages in the development, licensing, and protection of intellectual property assets. The company owns 100 patents, including the Cox patent portfolio related to enabling technology for identifying media content on the Internet; M2M/IoT patent portfolio related to enabling technology for authenticating, provisioning, and using embedded sim technology in IoT, machine-to-machine, and other mobile devices, such as smartphones, tablets, and computers, as well as automobiles; and HFT patent portfolio covering technologies related to high frequency trading that addresses technological problems associated with speed and latency, and provide critical latency gains in trading systems.

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Earnings History for Network-1 Technologies (NYSEAMERICAN:NTIP)

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