ShamrockStocks.com: Lucky Picks of The Day: (OTCBB:EDIG) - (OTCBB:LYRI)- (OTCBB:
posted on
Nov 15, 2010 11:38PM
ShamrockStocks.com: Lucky Picks of The Day: (OTCBB:EDIG) - (OTCBB:LYRI)- (OTCBB:NRGX)
M2 PressWIRE Via Acquire Media NewsEdge) RDATE:12112010 Rochester NY -- www.shamrockstocks.com names (OTCBB:EDIG) e.Digital Corporation, (OTCBB:LYRI) Lyris, Inc., and (OTCBB:NRGX) Neurologix, Inc. it's "Lucky Picks of the Day! To feature your publicly traded company in our alers email us at info@shamrockstocks.com.=
Also, you can receive up to the minute stock alerts via our Twitter page. www.twitter.com/shamrockstocks Visit http://www.shamrockstocks.com/disclaimer.html for current Visit: www.shamrockstocks.com About e.Digital Corporation: e.Digital is a leading innovator of dedicated portable in flight entertainment systems. More than 30 airlines have made dedicated portable systems powered by e.Digital technology their in flight entertainment choice. e.Digital also owns and is monetizing its Flash-R(TM) portfolio of flash memory-related patents. e.Digital was the first company to develop, patent, and productize fundamental techniques that opened the door to the widespread use of flash memory in many of today's popular electronic products. For more information about e.Digital, please visit: www.edigital.com.
News Today: SAN DIEGO, CA, Nov 12, 2010 -- e.Digital Corporation (OTCBB: EDIG), a leading innovator of dedicated portable entertainment systems and patented flash memory-related technology, today reported revenues for fiscal Q2 2011 ended September 30, 2010 totaled $238,000, compared to revenues of $1.5 million for the same period a year ago. Fiscal Q2 2010 revenues included $1.25 million in licensing fees from the Company's Flash-R(TM) patent portfolio.
e.Digital's Flash-R patent portfolio is comprised of fundamental technology related to the use of flash memory in the large and growing portable electronic products market. The Company introduced the first portable recorder with removable flash memory in 1993 and believes its patent portfolio to be essential to many consumer electronics products that utilize flash memory including cell phones, digital cameras, camcorders, PDAs and other popular devices.
e.Digital filed enforcement actions against 19 companies in November 2009 after settling with and licensing seven companies in its first round of cases. To date, three of the 19 companies in the second round have settled and entered into licensing agreements. A Markman hearing has been scheduled for January 28, 2011 in connection with the second round of Flash-R intellectual property (IP) cases.
Gross profit for fiscal Q2 2011 was $89,000 or 37% of revenues, compared to $937,000 or 62% of revenues for the same period a year ago that included $807,000 of margin from patent licensing.
Operating expenses for fiscal Q2 2011 were $361,000, compared to $377,000 in fiscal Q2 2010.
Loss attributable to common stockholders for fiscal Q2 2011 was $272,000 or $(0.00) per share, compared to income attributable to common stockholders of $292,000 or $0.00 per share for the same period last year.
Revenues for the first six months of fiscal 2011 were $750,000, compared to $1.7 million for the same six months in fiscal 2010. The 57% reduction in revenues was due primarily to the decrease in patent license revenue.
Gross profit for the first six months of fiscal 2011 was $264,000 or 35% of revenues, compared to $1.0 million or 69% of revenues for the same period a year ago that included $807,000 of margin from patent licensing.
Operating expenses for the first six months of fiscal 2011 were $886,000, compared to $1.0 million for the first six months of fiscal 2010. The decrease was derived primarily from reduced professional fees associated with the favorable digEcor litigation outcome reported last year.
Loss attributable to common stockholders for the first six months of fiscal 2011 was $653,000 or $(0.00) per share, compared to $320,000 or $(0.00) per share for the same period last year.
"We are in the process of filing new patents to expand our IP portfolio and look forward to announcing these new technology and business developments this quarter," said Fred Falk, president and CEO of e.Digital Corporation. "We anticipate additional IP licensing and eVU systems and services revenues this fiscal year." Visit: www.shamrockstocks.com About Lyris Lyris, Inc. (OTCBB: LYRI.OB) is the integrated online marketing expert delivering the industry's first on-demand integrated marketing suite, Lyris HQ, to help marketers simplify their marketing efforts and optimize campaign ROI. Lyris HQ's sophisticated, easy-to-use suite of tools provides marketers with best-of-breed applications for managing email marketing campaigns, tracking Web analytics, publishing and managing website content, creating landing pages, optimizing websites, paid search and search engine marketing, and integrating social media and mobile marketing campaigns. Clients include Expedia CruiseShipCenters, the British Museum Company, Matches and Eldorado Hotel & Casino. For more information, please visit www.lyris.com. The company is based in Emeryville, Calif.
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