Finjan Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 01:17 pm
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Finjan Holdings, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 5.900 million compared to USD 0 a year ago. Operating loss was USD 3.073 million compared to USD 8.727 million a year ago. Net loss was USD 2.580 million compared to USD 7.619 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.28 a year ago. For the nine months, sales was USD 13.150 million compared to USD 82.300 million a year ago. Operating loss was USD 14.345 million compared to operating Income of USD 43.813 million a year ago. Net loss was USD 10.552 million compared to net income of USD 28.638 million a year ago. Basic loss per share from continuing operations was USD 0.38 compared to basic earnings per share from continuing operations of USD 1.01 a year ago. Diluted loss per share from continuing operations was USD 0.38 compared to diluted earnings per share from continuing operations of USD 0.98 a year ago.
Finjan Holdings, LLC. (Finjan), formerly Finjan Holdings, Inc., is a United States-based cybersecurity company. The Company is focused on inventions that are embedded within a portfolio of patents focusing on software and hardware technologies used to proactively detect previously unknown and emerging threats on a real-time, behavior-based basis. Its cybersecurity business includes a wide range of services, including intellectual property (IP) licensing, cybersecurity consulting services, mobile applications, as well as investments in innovation.