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Network-1 Technologies GAAP EPS of -$0.06, revenue of $2.6B

Mar. 11, 2024 12:48 AM ETNetwork-1 Technologies, Inc. (NTIP) StockBy: Meghavi Singh, SA News Editor
  • Network-1 Technologies press release (NYSE:NTIP): FY GAAP EPS of -$0.06.
  • Revenue of $2.6B.
  • At December 31, 2023, Network-1's principal sources of liquidity consisted of cash and cash equivalents and marketable securities of $45.47 million and working capital of $44.85 million.
  • Management believes that based on Network-1's current cash, cash equivalents and marketable securities positions, Network-1 will have sufficient liquidity to fund its operations for the foreseeable future.

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