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Non-Tech : RPX Corporation

RPXC 10.48

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Jun 20 4:00 PM EDT

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From: JakeStraw	2/16/2012 11:29:50 AM
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RPX Announces Fourth Quarter and Fiscal Year 2011 Financial Results finance.yahoo.com Financial Highlights Revenue for the fourth quarter of fiscal 2011 totaled $42.4 million, up 43% from the prior year period Revenue for fiscal 2011 totaled $154.0 million, up 62% from fiscal 2010 GAAP net income for the fourth quarter of fiscal 2011 was $6.9 million or $0.13 per diluted share on a pro forma basis GAAP net income for fiscal 2011 was $29.1 million or $0.60 per diluted share on a pro forma basis Non-GAAP net income for the fourth quarter of fiscal 2011 was $11.3 million or $0.22 per diluted share on a pro forma basis Non-GAAP net income for fiscal 2011 was $37.1 million or $0.77 per diluted share on a pro forma basis "We achieved strong results across all of our key metrics in fiscal 2011," said John Amster, CEO of RPX Corporation. "Revenue grew more than 60% year-over-year and we added 40 net clients, bringing the total to 112 clients in our network at the end of the year. During 2011, we invested approximately $99 million to purchase patents and patent rights on behalf of our clients, and our two public offerings enhanced our balance sheet, so that we entered 2012 with over $233 million in cash and short-term investments."

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