Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with InterDigital (IDCC) currently holding a Momentum Style Score of A [2] Group 2: InterDigital's Performance Metrics - InterDigital has a Zacks Rank of 2 (Buy), indicating strong potential for outperformance, especially for stocks rated 1 (Strong Buy) and 2 (Buy) with Style Scores of A or B [3] - Over the past week, IDCC shares increased by 8.89%, outperforming the Zacks Wireless Equipment industry, which rose by 3.5% [5] - In a longer timeframe, IDCC shares have increased by 12.16% monthly, while the industry performance was 18.73% [5] - Over the past quarter, IDCC shares rose by 3.23%, and over the last year, they gained 103.29%, contrasting with the S&P 500's movements of -7.56% and 9.65% respectively [6] Group 3: Trading Volume and Earnings Outlook - IDCC's average 20-day trading volume is 337,041 shares, which serves as a bullish indicator when combined with rising stock prices [7] - Recent earnings estimate revisions show positive trends, with one estimate moving higher for the full year, increasing the consensus estimate from $10.65 to $10.89 [9] - For the next fiscal year, two estimates have moved upwards with no downward revisions, indicating a favorable outlook [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, IDCC is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a compelling investment option [11]

Core Insights - InterDigital reported a revenue of $210.51 million for the quarter ended March 2025, reflecting a year-over-year decline of 20.1% [1] - The earnings per share (EPS) for the quarter was $4.21, an increase from $3.58 in the same quarter last year, resulting in an EPS surprise of +13.17% against the consensus estimate of $3.72 [1] Revenue Performance - Revenue from the smartphone program was $184 million, significantly exceeding the three-analyst average estimate of $80.84 million, marking a year-over-year increase of +148.6% [4] - Revenue from CE, IoT/Auto was reported at $26.30 million, surpassing the average estimate of $19.83 million, with a year-over-year change of +18.9% [4] - Catch-up revenues amounted to $84.79 million, which was above the average estimate of $73.14 million, but represented a year-over-year decline of -49.1% [4] Stock Performance - InterDigital's shares have returned -3.5% over the past month, compared to a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]

Core Insights - InterDigital, Inc. (IDCC) reported strong first-quarter 2025 results, with both revenue and net income exceeding Zacks Consensus Estimates despite a year-over-year revenue decline due to weakness in consumer electronics and IoT markets [1][3] Financial Performance - Net income for the quarter increased to $115.6 million or $3.45 per share, up from $81.7 million or $2.88 per share in the same quarter last year, primarily due to lower operating expenses [2] - Non-GAAP net income rose to $125.7 million or $4.21 per share, compared to $94.5 million or $3.58 per share in the prior year, beating the consensus estimate of $3.72 [2] - Net sales decreased to $210.5 million from $263.5 million year-over-year, attributed to lower revenues in consumer electronics and IoT markets, but still surpassed the consensus estimate of $204 million [3] Revenue Breakdown - Smartphone revenues surged 129% year-over-year to $184 million, bolstered by a new licensing agreement with Vivo [4] - Revenues from the consumer electronics and IoT/Auto group fell significantly to $26.3 million from $182.5 million in the previous year [4] - Annualized recurring revenue increased to $502.9 million, a 30% year-over-year growth, while catch-up revenues declined to $84.8 million from $166.7 million [4] Operational Efficiency - Adjusted EBITDA rose to $159.1 million from $130.4 million in the year-ago quarter, indicating improved operational efficiency [5] - Total operating expenses decreased to $78.7 million from $159.8 million, contributing to the increase in operating income to $131.8 million from $103.8 million [5] Cash Flow and Liquidity - In the first quarter, InterDigital used $19.98 million in cash for operations, contrasting with a cash generation of $50.8 million in the same quarter last year [6] - As of March 31, 2025, the company had $883.3 million in cash, cash equivalents, and short-term investments, with $71.4 million in long-term debt and other liabilities [6] Future Guidance - For 2025, InterDigital expects revenues between $660 million and $760 million, with adjusted EBITDA forecasted at $400 million to $495 million [7] - For the second quarter of 2025, the company estimates revenues between $165 million and $170 million, with adjusted EBITDA projected in the range of $107 million to $114 million [7]

Core Viewpoint - InterDigital (IDCC) reported quarterly earnings of $4.21 per share, exceeding the Zacks Consensus Estimate of $3.72 per share, and showing an increase from $3.58 per share a year ago, indicating a strong performance in the wireless research and development sector [1][2] Financial Performance - The company achieved revenues of $210.51 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.32%, although this represents a decline from year-ago revenues of $263.54 million [2] - Over the last four quarters, InterDigital has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - InterDigital shares have increased approximately 3.8% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for it to outperform the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.80 on revenues of $139.51 million, and for the current fiscal year, it is $10.66 on revenues of $692.62 million [7] - The outlook for the wireless equipment industry is favorable, with the industry currently ranking in the top 25% of over 250 Zacks industries, suggesting potential for strong performance [8]

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 ...

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 ...

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 ...