VirnetX Holding Corporation

  VHC website
  • We are currently testing fixes to the following bugs: Ignores, Inbox Folder Access, Hide Replies, View Thread & a few others. It's taking a little longer than we had hoped, but we expect to push out corrected code this Friday night. We apologize for the delay & appreciate your continued patience. Stay tuned for further updates.

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Msg  19612 of 45435  at  3/21/2012 12:01:51 AM  by

Myaliasisthis


SAIC earnings call transcript

Brief mention of VHC 2011 royalty payment, and rights to future VHC royalties.

"With respect to profitability, operating margin for the year on an ex-CityTime basis finished at 7.7%, down 100 basis points from fiscal '11. The bulk of this reduction was driven by a couple of special items. First we had, as you might recall, a $55 million pickup in the prior year, fiscal '11, from a royalty payment we received from VirnetX. We did not receive any royalty payments in fiscal '12, but we still have rights to receive royalties in the future as VirnetX continues to pursue additional infringement cases against top-tier technology firms. Second, we had about $35 million in unplanned intangible impairments and legal-related costs in fiscal '12. Together, those 2 categories accounted for 90 basis points of margin reduction year-over-year."

http://seekingalpha.com/article/447341-saic-s-ceo-discusses-q4-2012-results-earnings-call-transcript


 
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