InterDigital, Inc. (IDCC) reported strong third-quarter 2024 results, with the adjusted earnings and revenues surpassing the respective Zacks Consensus Estimates.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company generated higher revenues year over year, driven by solid licensing momentum and product innovation. IDCC is also advancing its leadership position in AI (artificial intelligence) applications for wireless and video technology.Net IncomeQuarterly net income decreased ...

InterDigital, Inc. (NASDAQ:IDCC) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Raiford Garrabrant - Head-Investor Relations Liren Chen - President and Chief Executive Officer Richard Brezski - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Scott Searle - ROTH Capital Partners Arjun Bhatia - William Blair Madeline Brooks - Bank of America Anja Soderstrom - Sidoti & Company, LLC Operator Good day and thank you for standing by. ...

InterDigital (IDCC) reported $128.68 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 8.2%. EPS of $1.63 for the same period compares to $2.13 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $96.51 million, representing a surprise of +33.33%. The company delivered an EPS surprise of +114.47%, with the consensus EPS estimate being $0.76.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

InterDigital (IDCC) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $2.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 114.47%. A quarter ago, it was expected that this wireless research and development company would post earnings of $0.74 per share when it actually produced earnings of $4.57, delivering a surprise of 517.57%.Over the ...

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 September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-33579 INTERDIGITAL, INC. (Exact Name of Registrant as Specified in Its Charter) Pennsylvania 82-4936666 (State or Other Jurisdiction of Inc ...

INTERDIGITAL ANNOUNCES FINANCIAL RESULTS FOR THIRD QUARTER 2024 Company delivers Q3 results above the top end of outlook and raises FY 2024 guidance WILMINGTON, DE. - October 31, 2024 - InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended September 30, 2024. "In the third quarter we delivered revenues of about $129 million, exceeding the top end of our guidance, driven by a strong performance from our consumer e ...

WILMINGTON, Del., Oct. 31, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended September 30, 2024. "In the third quarter we delivered revenues of about $129 million, exceeding the top end of our guidance, driven by a strong performance from our consumer electronics and IoT licensing program," commented InterDigital CEO and President Liren Chen. "In addition, at the start of the fourth q ...

WILMINGTON, Del., Oct. 29, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it has signed a new license agreement with OPPO Group. The agreement covers OPPO, realme and OnePlus branded mobile devices worldwide. As part of the agreement, both parties have agreed to dismiss all pending litigations between them. “In an increasingly connected world, this agreement serves as another validation of the strength of o ...

WILMINGTON, Del., Oct. 25, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced that research from InterDigital’s Video Lab was recognized with the Society of Motion Picture and Television Engineers (SMPTE) Journal Certificate of Merit. The research paper, titled “Pixel Value Adjustment to Reduce the Energy Requirements of Display Devices,” was written by InterDigital engineers Erik Reinhard, Claire-Hélène Demarty, and Laur ...

WILMINGTON, Del., Oct. 21, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced its participation in the 2024 Brooklyn 6G Summit, taking place October 23 – 25. At the show, InterDigital and researchers from The University of Texas at Austin will display the latest in their collaboration to validate AI solutions for wireless networks and shape how AI will be used for 5G and 6G. Jointly organized by Nokia and the NYU Wireless ...