Customers of Network 1 Technologies Inc saw their costs of revenue drop by -64.9 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -65.45 %, for the same period Network 1 Technologies Inc
Network 1 Technologies Inc's Comment on Sales, Marketing and Customers
Three licensees constituted an aggregate of 67% of our revenue including Cisco
Systems, Inc. ("Cisco") (43%), ALE USA Inc. (14%) and Avaya, Inc. (10%).
For the year ended December 31, 2017, Cisco constituted 58% of our recurring revenue
from royalty bearing license agreements and Dell, Inc. constituted 12% of such
recurring revenue. For the year ended December 31, 2016, Apple, Inc. accounted
for 53% of our revenue, Cisco accounted for 17% of our revenue and Dell, Inc.
accounted for 13% of our revenue.
Network 1 Technologies Inc’s Comment on Sales, Marketing and Customers
Three licensees constituted an aggregate of 67% of our revenue including Cisco
Systems, Inc. ("Cisco") (43%), ALE USA Inc. (14%) and Avaya, Inc. (10%).
For the year ended December 31, 2017, Cisco constituted 58% of our recurring revenue
from royalty bearing license agreements and Dell, Inc. constituted 12% of such
recurring revenue. For the year ended December 31, 2016, Apple, Inc. accounted
for 53% of our revenue, Cisco accounted for 17% of our revenue and Dell, Inc.
accounted for 13% of our revenue.
Sources:
Network 1 Technologies Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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