Core Insights - InterDigital is a research company specializing in wireless communications, video, and artificial intelligence, focusing on the invention and patenting of communication technologies such as 3G, 4G, 5G, and Wi-Fi standards [1] - The company also develops video compression methods, indicating a strong position in both communication and media technology sectors [1] Company Overview - InterDigital operates in the field of wireless communications and has a significant portfolio of patents related to various communication technologies [1] - The company is publicly traded on NASDAQ under the ticker IDCC [1] Industry Context - The wireless communication industry is rapidly evolving with advancements in technology, particularly in 5G and AI, which are critical for future growth [1] - The demand for efficient video compression methods is increasing, driven by the rise in video content consumption across platforms [1]

InterDigital (IDCC) FY Conference Summary Company Overview - InterDigital is a technology company founded in 1972, specializing in foundational research in wireless, video, and artificial intelligence [6][7] - The company has built a large and evergreen patent portfolio, licensing it to major vendors in the industry [7][8] - InterDigital employs around 500 people across 14 sites in 7 countries, focusing on hiring top talent from leading universities [11][12] Business Model and Strategy - The business model is centered on foundational technology, investing in research to stay ahead of the curve by 5 to 10 years [10][11] - The company participates in standard development, which drives value creation and technology dissemination [14][21] - InterDigital has a high concentration of inventors, with over 90% of employees being scientists and engineers [13] Financial Performance - The company has signed over 40 agreements with an economic value exceeding $3.7 billion in the last four years [33] - Revenue growth has been approximately 20-25% CAGR over the past four years, with adjusted EBITDA margins increasing [35][36] - The company has increased its dividend by 50% in the last twelve months and reduced share outstanding by 45% since 2011 [36] Market Opportunities - The mobile ecosystem has an economic impact of approximately $5.7 trillion, making it the third-largest GDP if considered a separate country [38] - InterDigital's core markets include smartphones, consumer electronics, and IoT, with a significant opportunity identified in cloud-based streaming video [39][40] - The smartphone market is expected to grow from over $400 million to $500 million in recurring revenue [42] Patent Portfolio - The patent portfolio has nearly doubled from 2017 to 2025, with a focus on wireless communication technology [29] - InterDigital's patent quality is ranked number one in 5G, top five in video, and top ten in WiFi [31] Capital Allocation - The company maintains a strong balance sheet and invests 50% of recurring revenue back into R&D [54] - InterDigital is optimistic about future M&A opportunities, having previously acquired Technicolor's patent assets [55] Licensing Agreements - 94% of revenue in 2024 is expected to come from fixed fee agreements, minimizing exposure to volume fluctuations [64] - The largest contract with Apple is a seven-year deal signed in 2022, providing stable revenue [66] Litigation and Customer Relations - InterDigital rarely resorts to litigation, focusing on bilateral negotiations for licensing agreements [71][73] - The company emphasizes fairness in licensing, ensuring that all competitors pay their fair share for using its technology [72][74] Long-Term Growth Strategy - The company aims to grow recurring revenue at 14% year-over-year, targeting over $600 million in adjusted EBITDA by 2030 [57] - Investments will continue in next-generation technologies, including 6G and advanced AI [57] Conclusion - InterDigital is positioned for significant growth with a strong patent portfolio, innovative technology, and a clear strategy for expanding into new markets [58]

WILMINGTON, Del., May 27, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will be presenting at the William Blair 45th Annual Growth Stock Conference on Tuesday, June 3rd, 2025, at 4:20 PM ET. The event will be webcast live and an archived replay of the presentation will also be available following the conference. For more information, please visit the Investors section of the company’s website c ...

Core Insights - The exponential growth in immersive content consumption is expected to strain current wireless infrastructure and necessitate new innovations [1][2] - The report highlights that the XR market is projected to quadruple the number of devices shipped by 2031, reaching 83 million units globally [2][5] - Current network limitations are evident, with 40% of consumers expressing dissatisfaction with network performance, particularly in relation to XR demands [2][5] Industry Trends - The paper titled "Media over Wireless: Networks for Ubiquitous Video" discusses the increasing consumer demand for video and immersive experiences over wireless networks [2] - XR applications are creating new demands on wireless networks, which are currently inadequate for the next generation of immersive entertainment [2][3] - By 2030, XR is expected to become a major category integrating 6G capabilities, alongside smartphones [7] Technological Developments - 5G-Advanced and upcoming 6G architectures are crucial for realizing the full potential of immersive and XR content [3] - The deployment of 6G is anticipated to align with the maturity of XR hardware and software ecosystems, expected between 2028 and 2032 [3] - The success of XR experiences will depend on ultra-low latency, responsive interactivity, and consistent media synchronization [4] Market Dynamics - Video accounted for 69% of all internet data traffic in 2024, significantly outpacing social media and gaming [5][6] - On smartphones, 74% of data consumption is attributed to video, driven by social media clips and streaming platforms [6] - By 2037, the XR market is projected to reach 130 million 6G-enabled devices, indicating a substantial growth trajectory [7]

InterDigital (IDCC) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.Analysts' growing optimism on the earnings prospects of this wireless research and development company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate re ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

For the quarter ended March 2025, InterDigital (IDCC) reported revenue of $210.51 million, down 20.1% over the same period last year. EPS came in at $4.21, compared to $3.58 in the year-ago quarter.The reported revenue represents a surprise of +3.32% over the Zacks Consensus Estimate of $203.75 million. With the consensus EPS estimate being $3.72, the EPS surprise was +13.17%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

InterDigital, Inc. (IDCC) reported strong first-quarter 2025 results, with both the top and bottom lines beating the Zacks Consensus Estimate. However, the company generated lower revenues year over year, owing to weakness in the consumer electronics and IoT markets. Solid licensing momentum in the smartphone business is a tailwind. IDCC is also advancing its leadership position in AI (artificial intelligence) applications for wireless and video technology.IDCC’s Net IncomeQuarterly net income increased to ...

InterDigital (IDCC) came out with quarterly earnings of $4.21 per share, beating the Zacks Consensus Estimate of $3.72 per share. This compares to earnings of $3.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.17%. A quarter ago, it was expected that this wireless research and development company would post earnings of $5.40 per share when it actually produced earnings of $5.15, delivering a surprise of -4.63%.Over the l ...

InterDigital (IDCC) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Speaker0 Thank you. I would now like to turn the call over to Speaker1 Rayford Head of Investor Relations. Please go ahead. Thank you, France, and good morning, everyone. Welcome to InterDigital's first quarter twenty twenty five earnings conference call. I'm Raeford Garabrandt, Head of Investor Relations for InterDigital. With me on today's call are Liran Chen, our President and CEO and Rich Breske, our CFO. Consistent with prior calls, we ...