RE:RE:RE:RE:RE:RE:RE:Early April Fools. Oops… that was the wrong press release? It was a wireless license people. A wireless license with a company with a nothing presence in the US.
The license doesn't matter. The bigger implication is this was signed on the last day of the quarter.
In any other quarter where only a two bit license was signed the licensing results were terrible.
I don't think anyone expected this with a supposedly monster Apple signing.
The market has priced in 0.50 of cash from an Apple license to add to book value.
There is never a straight line at Quarterhill, that is for sure.