- Zacks Small Cap Research•26 days ago
On June 28, 2016, Finjan (FNJN) squeezed another license deal for $565,000 into the quarter resulting in our need to raise revenue and earnings estimates for Q2. This deal was with an unnamed European-based provider of cloud and on-premise cybersecurity solutions and it has already been paid. Finjan is positioned to grow not only by pursuing IP licensing, but also by penetrating cybersecurity consulting services, and investing in new IP via R&D and in cybersecurity startups.
- Zacks Small Cap Research•2 months ago
Finjan (FNJN) reached at $10.9 million settlement with Proofpoint last Friday, before the trial that was scheduled to start June 16, 2016. It will be paid in three installments: $4.3 million to be paid within three days of signing, $3.3 million on or before January 4, 2017, and $3.3 million on or before January 3, 2018.
|Ask||2.24 x 4000|
|52wk Range||0.81 - 2.80|
|Day's Range||1.86 - 2.05|
|Avg Vol (3m)||89,733|
As of 4:00 PM EDT. Market closed.