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BRIEF-Wi-Lan Q1 loss per share $0.06

May 4 Wi-Lan Inc:

* Wi-Lan reports 2017 first quarter financial results

* Q1 gaap loss per share $0.06

* Wi-Lan says announced that will change name to quarterhill inc and announced two corporate acquisitions, all of which expected to conclude in q2

* Wi-Lan - in 3-month period ended march 31, 2017, had negative ebitda $1.9 million,$0.02/ basic earnings per share, versus positive ebitda $19.8 million or $0.16 per basic share

* Wi-lan-"we expect an increase in litigation expenses in fiscal 2017 due to expected level of litigation activities and corresponding fee arrangements"

* Wi-Lan says operating expense guidance, previously provided for exclusively patent licensing business, will no longer be provided for fy 2017

* Q1 revenue $7.6 million versus $30.2 million Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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