Nov 4 (Reuters) - WiLan Inc WIN.TO :
* Reports third quarter 2015 financial results and announces plan to reposition
for long-term growth
* Q3 adjusted earnings per share C$0.10
* Qtrly revenues of $21.4 million
* Says announced restructuring of operations, which is expected to save
approximately $8.0-$10.0 million in annual expenses
* Says announced change in annual dividend from cdn $0.21 per share to cdn
$0.05 per share
* Says CEO Jim Skippen Postpones retirement and will remain in his current role
for a minimum of three years
* Says restructuring activities began in October and are expected to be
completed by December 2015
* Says WiLan will look to spin-out its research and development unit and retain
a minority ownership interest
* Says restructuring is expected to impact approximately 30% of the company's
workforce
* Q3 earnings per share view $0.08, revenue view $22.1 million -- Thomson
Reuters I/B/E/S
* Qtrly GAAP net earnings of $0.8 million, or $0.01 per basic share
* Source text for Eikon urn:newsml:reuters.com:*:nMKW1zKBxa
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