InterDigital (IDCC) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Company Participants Raiford Garrabrant - Head of Investor RelationsLiren Chen - President & CEORichard Brezski - EVP & CFOBlayne Curtis - Managing DirectorArjun Bhatia - Co-Group Head - Technology, Media & Communications Conference Call Participants Scott Searle - Managing Director, Senior Research AnalystAnja Soderstrom - Senior Equity Research Analyst Operator Thank you. I would now like to turn the call over to Raiford Garrabrant Rayford ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (I.R.S. Employer Identification No.) 200 Bellevue Parkway, Suite 300, Wilmington, DE 19809-3727 (Address of Principal Executive Offices and Zip Code) (302) 281-3600 (Regi ...

Revenue Performance - Revenue for Q1 2025 was $210.5 million, a decrease of 20% compared to $263.5 million in Q1 2024[4] - The outlook for Q2 2025 projects revenue between $165 million and $170 million, with full-year 2025 revenue expected to be between $660 million and $760 million[10] Net Income and Earnings Per Share - Net income increased by 42% to $115.6 million, with a net income margin of 55%, up from 31% in the previous year[4] - Diluted EPS for Q1 2025 was $3.45, up 20% from $2.88 in Q1 2024[4] - Non-GAAP net income for Q1 2025 was $125,658, compared to $94,544 in Q1 2024, marking a year-over-year increase of about 33%[30] - The company expects Q2 2025 net income to be between $64 million and $71 million, with a full year 2025 guidance of $224 million to $319 million[32] Adjusted EBITDA - Adjusted EBITDA for Q1 2025 was $159.1 million, a 22% increase from $130.4 million in Q1 2024, with an adjusted EBITDA margin of 76%[4] - Adjusted EBITDA for Q1 2025 reached $159,060, up from $130,364 in Q1 2024, reflecting a growth of approximately 22%[29] Operating Expenses and Cash Flow - Operating expenses decreased by 51% to $78.7 million compared to $159.8 million in Q1 2024[4] - Cash flows from operating activities showed a net cash outflow of $19,989 in Q1 2025, compared to a net inflow of $50,773 in Q1 2024[25] - The company reported a net cash inflow from investing activities of $59,508 in Q1 2025, compared to $16,775 in Q1 2024, indicating a significant increase in investment activity[25] Shareholder Equity and Dividends - Total shareholders' equity rose to $936,884, up from $857,215 at the end of 2024, indicating an increase of approximately 9.2%[27] - Cash dividends declared per common share increased to $0.60 from $0.40 in the previous year[23] Licensing Agreement - The company signed a major licensing agreement with vivo Mobile, increasing its total contract value to over $3.6 billion since 2021[3] Guidance and Future Outlook - The company reaffirmed its full-year 2025 guidance, indicating confidence in future performance[9]

Revenue, Adjusted EBITDA2 and EPS above top end of guidanceAll-time record annualized recurring revenue4, up 30% YoYCompany reaffirms full year 2025 guidance WILMINGTON, Del., May 01, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended March 31, 2025. "In the first quarter, we licensed vivo Mobile, a major smartphone vendor, to drive revenue above the top end of our guidance and increas ...

InterDigital, Inc. (IDCC) is set to release  first-quarter 2025 results on May 01, before the opening bell. In the last reported quarter, adjusted earnings were $5.15 per share.The Wilmington-based advanced mobile technologies provider is expected to witness revenue contraction year over year owing to fierce competition and macroeconomic challenges. However, solid licensing momentum in the consumer electronics market and product innovation are tailwinds.Factors at PlayInterDigital’s commitment toward licens ...

Group 1 - Tokio Marine Holdings, Inc. (TKOMY) has seen a 17.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Tokio Marine has a dividend yield of 2.9%, significantly higher than the industry average of 0.7% [1] - InterDigital, Inc. (IDCC) has experienced a 14.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - InterDigital offers a dividend yield of 1.3%, compared to the industry average of 0.0% [2]

Core Viewpoint - InterDigital (IDCC) has received an upgrade to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the changing earnings picture of a company [1][2]. - Changes in future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for InterDigital indicate an improvement in the company's underlying business, which is expected to positively influence its stock price [5][10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7][9]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, indicating superior earnings estimate revision features [9][10]. Recent Performance of InterDigital - For the fiscal year ending December 2025, InterDigital is expected to earn $10.17 per share, reflecting a change of -32.1% from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for InterDigital has increased by 53.3%, indicating a positive trend in earnings estimates [8].

WILMINGTON, Del., April 15, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its first quarter 2025 financial results before the market open on Thursday, May 1, 2025. InterDigital executives will host a conference call that same day at 10:00 a.m. Eastern Time (ET) to discuss the company performance. For a live webcast of the conference call visit www.interdigital.com and click on the ...

Group 1 - InterDigital Inc operates in the "communications equipment" industry by licensing its patents in wireless communications, video compression, and AI technologies to other device manufacturers [1] - The company does not manufacture high-tech communications devices or chips but derives revenue from its licensing activities [1] Group 2 - The article emphasizes the importance of research-driven insights for investment strategies [1]

Shares of InterDigital, Inc. (IDCC) have skyrocketed 96.1% over the past year, driven by improved market demand across its portfolio on the back of a flexible business model and solid cash flow. Earnings estimates for 2025 and 2026 have increased 63.9% and 36.8%, respectively, over the past year, implying robust inherent growth potential. With healthy fundamentals, this Zacks Rank #1 (Strong Buy) stock appears to be a solid investment option in a volatile market. You can see the complete list of today’s Zac ...