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08.12.2014 23:55:00

RPX CFO Ned Segal Resigns; Backs Q4, FY14 Views

(RTTNews) - RPX Corp. (RPXC) said Monday that its Chief Financial Officer, Ned Segal, has resigned effective mid-January.

Robert Heath, currently the company's Senior Vice President, Corporate Development, will assume the role of Chief Financial Officer.

Separately, the company reiterated the fourth quarter and full year guidance it provided on October 28.

For the fourth quarter, the company still expects revenue of $67.0 million to $69.6 million and adjusted net income of $12.0 million to $13.7 million.

For the full year 2014, the company continues to expect revenue of $258.6 million to $261.2 million and adjusted net income of $52.0 million to $53.7 million.

Analysts polled by Thomson Reuters currently expect the company to post revenue of $68.09 million for the fourth quarter and $259.59 million for the full year 2014.

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