Internet Patents Corp. (PTNT) Monday reported second quarter net loss of $0.9 million or $0.12 per basic share, compared to net income of about $1 million or $0.17 per basic share in the prior year.
The company, as in the prior year, did not report any revenues for the reporting quarter.
Moving forward, Internet Patents said it expects third-quarter operating expenses of $0.6 to $0.7 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.