ACCESS Newswire
11 May 2022, 16:43 GMT+10
JACKSONVILLE, FL / ACCESSWIRE / May 11, 2022 / ParkerVision, Inc. (OTCQB:PRKR) ('ParkerVision'), a developer and marketer of technologies and products for wireless applications, today announced results for the three months ended March 31, 2022.
First Quarter 2022 Summary and Recent Developments
Jeffrey Parker, Chairman and Chief Executive Officer, commented, 'We are in the process of preparing our appellate court briefs in the Qualcomm matter and believe we have a solid foundation for a successful appeal. Simultaneously, we are moving full steam ahead with discovery in our first case against Intel cellular products and preparing for a jury trial set for seven months from now. Based on facts revealed thus far in discovery, our counsel filed a sealed motion to amend our complaint to add a charge of willful infringement. If granted, we anticipate that this addition to our complaint will not cause any delays in the Intel schedule and, more importantly, it will enable the judge to enhance the jury-awarded damages in the event a jury determines Intel's infringement to be willful.'
Financial Results
About ParkerVision
ParkerVision, Inc. invents, develops and licenses cutting-edge, proprietary radio-frequency (RF) technologies that enable wireless solution providers to make and sell advanced wireless communication products. ParkerVision is engaged in a number of patent enforcement actions in the U.S. to protect patented rights that it believes are broadly infringed by others. For more information, please visit www.parkervision.com. (PRKR-I)
Safe Harbor Statement
This press release contains forward-looking information. Readers are cautioned not to place undue reliance on any such forward-looking statements, each of which speaks only as of the date made. Such statements are subject to certain risks and uncertainties that are disclosed in the Company's SEC reports, including the Form 10-K for the year ended December 31, 2021 and the Form 10-Q for the quarter ended March 31, 2022. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
Cindy French
Chief Financial Officer
ParkerVision, Inc
[email protected]
(TABLES FOLLOW)
ParkerVision, Inc.
Balance Sheet Highlights
ParkerVision, Inc.
Summary Results of Operations (unaudited)
ParkerVision, Inc.
Summary of Cash Flows
(unaudited)
SOURCE: ParkerVision, Inc.
Get a daily dose of Cleveland Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cleveland Star.
More InformationNEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
KABUL, Afghanistan: Afghanistan, long associated with war and instability, is quietly trying to rebrand itself as a destination for...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...
ABU DHABI, 19th June, 2025 (WAM) -- Cleveland Clinic Abu Dhabi has become the first and only research hospital in the UAE to receive...
ABU DHABI, 17th June, 2025 (WAM) -- Cleveland Clinic Abu Dhabi, part of the M42 group, has successfully introduced continuous infusion...
ABU DHABI, 9th June, 2025 (WAM) -- Cleveland Clinic Abu Dhabi has successfully performed the UAE's first robotic cytoreductive surgery...
ABU DHABI,16th May, 2025 (WAM) - Oracle Health, Cleveland Clinic, and G42 today announced a strategic partnership to develop a groundbreaking...
ABU DHABI, 6th May, 2025 (WAM) -- PureHealth and its subsidiary SEHA have partnered with the number one US children's hospital, Cincinnati...
Michael Hull Over the course of the next few weeks, we will be taking an in-depth look at the Bengals' 2025 opponents. Next up, the...