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Parkervision (Parkervision) Net Income : $-4.29 Mil (TTM As of Mar. 2024)


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What is Parkervision Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Parkervision's Net Income for the three months ended in Mar. 2024 was $-0.69 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.29 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Parkervision's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.01.


Parkervision Net Income Historical Data

The historical data trend for Parkervision's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Parkervision Net Income Chart

Parkervision Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.45 -19.58 -12.33 -9.81 9.52

Parkervision Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.12 1.43 -3.92 -1.11 -0.69

Parkervision Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Parkervision's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=9.515+0+0+0
=9.52

Parkervision's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.693+0+0+0
=-0.69

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.29 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Parkervision  (OTCPK:PRKR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Parkervision's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Parkervision Net Income Related Terms

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Parkervision (Parkervision) Business Description

Traded in Other Exchanges
N/A
Address
4446-1A Hendricks Avenue, Suite 354, Jacksonville, FL, USA, 32207
Parkervision Inc is in the business of innovating fundamental wireless technologies. The company designs, develop, and markets its proprietary radio frequency technologies and products for use in semiconductor circuits for mobile and other wireless applications. It also markets a consumer distributed WiFi product line under the brand name Milo. The company derives revenue from licensing of its intellectual property, settlements from patent infringement disputes, sales of products, and engineering services.
Executives
Titterton Lewis H Jr director 6 AUTUMN LANE, SARATOGA SPRINGS NY 12866
Sanford M Litvack director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER, PALO ALTO CA 94304
Cynthia Poehlman officer: Chief Financial Officer 8493 BAYMEADOWS WAY, JACKSONVILLE FL 32256
Paul A Rosenbaum director 2945 NW LURAY TERRACE, PORTLAND OR 97210
Frank N Newman director 980 FIFTH AVENUE, 3B, NEW YORK NY 10075
Jeffrey Parker director, 10 percent owner, officer: Chief Executive Officer 8493 BAYMEADOWS WAY, JACKSONVILLE FL 32256
Gregory S Rawlins officer: CTO (Heathrow) 3024 KINGFISHER PT, CHULUOTA FL 32766
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
David Freelove 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
Del Mar Asset Management, Lp 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 5230, NEW YORK NY 10165
Del Mar Master Fund, Ltd. 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
Del Mar Management, Llc 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
John Stuckey officer: Executive Vice President 7915 BAYMEADOWS WAY, SUITE 400, JACKSONVILLE FL 32256
Robert Greene Sterne director 2907 TAI DR, OAKTON VA 22124
Richard A Kashnow director 313 CONSTITUTION DR, STE 100, MENLO PARK CA 94025

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