DALLAS, July 25, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring ParkerVision Inc. (Nasdaq:PRKR). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/PRKR
ParkerVision Inc. (PRKR) engages in the design, development and marketing of its proprietary RF technologies that enable advanced wireless communications for current and next generation mobile communications networks. Its solutions for wireless transfer of radio frequency (RF) waveforms enable significant advancements in wireless products, addressing the needs of the cellular industry for efficient use of power, reduced cost and size, greater design simplicity and enhanced performance in mobile handsets as the industry migrates to next generation networks.
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In the report, the analyst notes:
"PRKR shares were initially boosted on Thursday following news that it has commenced federal litigation against Qualcomm Inc., accusing the company of infringing seven PRKR patents.
"PRKR reported a net loss of $3.4 million, or $(0.06) per share, for the first quarter ended March 31, 2011, down from a net loss of $4.0 million, or $(0.10) per share, reported a year earlier. The Company attributed the narrowed loss to a 15%, or $0.6 million, decrease in operating expenses arising from cost reduction measures and reduced equity-based compensation."
To read the entire report visit: www.microstockprofit.com/lp/PRKR
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