Core Viewpoint - InterDigital (IDCC) reported quarterly earnings of $6.52 per share, significantly exceeding the Zacks Consensus Estimate of $3.36 per share, and showing an increase from $4.57 per share a year ago, resulting in an earnings surprise of +94.05% [1] Financial Performance - The company achieved revenues of $300.6 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 56.06%, compared to $223.49 million in the same quarter last year [2] - Over the last four quarters, InterDigital has exceeded consensus EPS estimates three times and topped revenue estimates four times [2] Stock Performance - InterDigital shares have increased approximately 26.6% since the beginning of the year, outperforming the S&P 500's gain of 8.2% [3] Future Outlook - The company's earnings outlook will be crucial for determining the sustainability of its stock price movement, with current consensus EPS estimates at $2.15 for the coming quarter and $11.72 for the current fiscal year [4][7] - The estimate revisions trend for InterDigital was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Wireless Equipment industry, to which InterDigital belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting that the industry outlook could materially impact stock performance [8]

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 June 30, 2025 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 Incorporat ...

[Executive Summary](index=1&type=section&id=Executive%20Summary) [Q2 2025 Performance Overview](index=1&type=section&id=Q2%202025%20Performance%20Overview) InterDigital achieved better-than-expected Q2 2025 financial results, driven by the Samsung arbitration decision and a new HP licensing agreement - Q2 2025 results exceeded expectations, primarily driven by the Samsung arbitration decision and a new HP licensing agreement[1](index=1&type=chunk) - The agreement with Samsung is InterDigital's largest licensing agreement ever, with a total contract value exceeding **$1 billion** over eight years[2](index=2&type=chunk) - Since 2021, the company has signed licensing agreements with a total contract value exceeding **$4 billion**, demonstrating accelerating momentum for its 'IP-as-a-Service' business model[2](index=2&type=chunk) Key Financial Metrics Overview | Metric | Q2 2025 | Q2 2024 | YoY Change | | :--- | :--- | :--- | :--- | | Annualized Recurring Revenue (ARR) | $553.1 million USD | $383.8 million USD | 44% | | Full-Year Revenue Guidance Midpoint (Revised) | $820 million USD | - | +$110 million USD | [Second Quarter 2025 Financial Highlights](index=1&type=section&id=Second%20Quarter%202025%20Financial%20Highlights) [GAAP Results](index=1&type=section&id=GAAP%20Results) The company's Q2 2025 GAAP revenue grew 34% to $300.6 million, with net income and diluted EPS significantly increasing by 65% and 36% respectively Q2 2025 GAAP Financial Performance | Metric (million USD, except per share data) | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Revenue | $300.6 million USD | $223.5 million USD | 34% | | Operating Expenses | $95.2 million USD | $89.6 million USD | 6% | | Net Income | $180.6 million USD | $109.7 million USD | 65% | | Net Income Margin | 60% | 49% | 11 ppt | | Diluted EPS | $5.35 per share | $3.93 per share | 36% | - Revenue growth of **34%** was primarily driven by the conclusion of Samsung arbitration and a new licensing agreement with HP[4](index=4&type=chunk) [Non-GAAP Results](index=1&type=section&id=Non-GAAP%20Results) Non-GAAP performance was also strong, with adjusted EBITDA growing 50% and non-GAAP diluted EPS reaching a record high Q2 2025 Non-GAAP Financial Performance | Metric (million USD, except per share data) | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Adjusted EBITDA | $236.7 million USD | $157.7 million USD | 50% | | Adjusted EBITDA Margin | 79% | 71% | 8 ppt | | Non-GAAP Net Income | $195.3 million USD | $118.9 million USD | 64% | | Non-GAAP Diluted EPS | $6.52 per share | $4.57 per share | 43% | - Non-GAAP diluted EPS reached a record high of **$6.52**[4](index=4&type=chunk) [Revenue Breakdown](index=1&type=section&id=Revenue%20Breakdown) Annualized recurring revenue increased by 44% year-over-year, with significant growth in consumer electronics, IoT, and automotive sectors Q2 2025 Revenue Breakdown | Revenue Type (million USD) | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Annualized Recurring Revenue | $553.1 million USD | $383.8 million USD | 44% | | Catch-up Revenue | $162.3 million USD | $127.6 million USD | 27% | | **Revenue by Category (million USD)** | | | | | Smartphones | $235.1 million USD | $199.2 million USD | 18% | | Consumer Electronics, IoT/Auto | $65.3 million USD | $23.7 million USD | 175% | | Other | $0.2 million USD | $0.5 million USD | (66)% | [Return of Capital to Shareholders](index=2&type=section&id=Return%20of%20Capital%20to%20Shareholders) [Share Repurchases and Dividends](index=2&type=section&id=Share%20Repurchases%20and%20Dividends) In Q2 2025, the company returned $41.7 million in capital to shareholders through share repurchases and cash dividends Q2 2025 Capital Return Summary | Metric (million USD, except per share data) | Shares (millions) | Value (million USD) | Per Share | Total Return (million USD) | | :--- | :--- | :--- | :--- | :--- | | Share Repurchases | 0.1 million | $26.2 million USD | - | - | | Dividends | - | $15.5 million USD | $0.60 per share | - | | **Total Capital Returned** | - | - | - | **$41.7 million USD** | [2027 Convertible Notes Information](index=2&type=section&id=2027%20Convertible%20Notes%20Information) [2027 Notes Convertibility Details](index=2&type=section&id=2027%20Notes%20Convertibility%20Details) The company's 3.50% 2027 senior convertible notes are convertible during the calendar quarter ending September 30, 2025, with a conversion rate of 12.9041 shares per $1,000 principal amount - The **3.50% 2027 senior convertible notes** are convertible during the calendar quarter ending September 30, 2025[6](index=6&type=chunk) - The current conversion rate is **12.9041 shares** of InterDigital common stock per **$1,000** principal amount[6](index=6&type=chunk) - The company has increased the economic conversion price of the notes from **$77.49** to **$106.06** through a call spread transaction, aiming to reduce the net shares issued upon conversion[8](index=8&type=chunk) [Near Term Outlook](index=2&type=section&id=Near%20Term%20Outlook) [Q3 2025 and Full Year 2025 Guidance](index=2&type=section&id=Q3%202025%20and%20Full%20Year%202025%20Guidance) The company has updated its full-year 2025 outlook and provided preliminary Q3 2025 guidance, with the full-year outlook including existing licenses and anticipated new agreements - The company has raised its **full-year 2025 outlook** and provided preliminary **Q3 2025 outlook**[9](index=9&type=chunk) - The Q3 2025 outlook only covers existing licenses and does not include new agreements or enforcement action outcomes that may be signed[9](index=9&type=chunk) Q3 2025 and Full Year 2025 Financial Outlook | Metric (million USD, except per share data) | Q3 2025 | Full Year 2025 (Current) | Full Year 2025 (Prior) | | :--- | :--- | :--- | :--- | | Revenue | $136 - $140 million USD | $790 - $850 million USD | $660 - $760 million USD | | Adjusted EBITDA | $69 - $75 million USD | $551 - $569 million USD | $400 - $495 million USD | | Diluted EPS | $0.94 - $1.11 per share | $10.94 - $11.47 per share | $6.79 - $9.67 per share | | Non-GAAP Diluted EPS | $1.52 - $1.72 per share | $14.17 - $14.77 per share | $9.69 - $12.92 per share | [Conference Call Information](index=2&type=section&id=Conference%20Call%20Information) [Call Details](index=2&type=section&id=Call%20Details) InterDigital will host a conference call on July 31, 2025, at 10:00 AM ET to discuss Q2 2025 financial results, accessible via webcast or phone registration - The conference call will be held on **July 31, 2025, at 10:00 AM ET**[11](index=11&type=chunk) - The webcast can be accessed or phone registration completed via the investor page at **www.interdigital.com**[11](index=11&type=chunk)[12](index=12&type=chunk) [About InterDigital](index=3&type=section&id=About%20InterDigital) [Company Profile](index=3&type=section&id=Company%20Profile) InterDigital is a global R&D company focused on wireless, video, and AI technologies, licensing its innovations to various device manufacturers and service providers - InterDigital is a global R&D company primarily focused on **wireless, video, artificial intelligence (AI)**, and related technologies[13](index=13&type=chunk) - The company generates revenue by licensing its innovative technologies to wireless communication device manufacturers, consumer electronics, IoT devices, automotive manufacturers, and cloud service providers[13](index=13&type=chunk) - The company is a leader in wireless technology, with its engineers designing and developing a wide range of innovations from early digital cellular systems to **5G** and the most advanced **Wi-Fi** technologies[13](index=13&type=chunk) [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) [Risks and Uncertainties](index=3&type=section&id=Risks%20and%20Uncertainties) This press release contains forward-looking statements whose actual results may differ materially due to various risks and uncertainties, including licensing delays, legal outcomes, and market developments - Forward-looking statements are based on management's current views and assumptions and are not guarantees of future performance[16](index=16&type=chunk) - Key risks and uncertainties include unexpected delays or difficulties in executing patent licensing agreements, the ability to expand revenue opportunities, resolution of legal proceedings, ability to maintain a strong patent portfolio, failure of technology markets to materialize as expected, continued ability to develop new technologies, changes in tax law interpretation and calculation, timing and impact of regulatory, administrative, and legislative matters, potential impact of macroeconomic conditions or trade conflicts, ability to hire and retain key personnel, operational risks (including cybersecurity incidents), and risks associated with new accounting standards[16](index=16&type=chunk) [Footnotes and Non-GAAP Definitions](index=4&type=section&id=Footnotes%20and%20Non-GAAP%20Definitions) [Annualized Recurring Revenue (ARR) Definition](index=4&type=section&id=Annualized%20Recurring%20Revenue%20(ARR)%20Definition) Annualized Recurring Revenue (ARR) is defined as quarterly total revenue less quarterly catch-up revenue, multiplied by four, providing insight into ongoing financial performance - Annualized Recurring Revenue (ARR) is defined as quarterly total revenue less quarterly catch-up revenue, multiplied by four[18](index=18&type=chunk) - ARR is not a forecast or projection, and actual recurring revenue will depend on various factors beyond the company's prediction or control[18](index=18&type=chunk) [Non-GAAP Net Income and EPS Definition](index=4&type=section&id=Non-GAAP%20Net%20Income%20and%20EPS%20Definition) Non-GAAP net income and EPS are supplemental non-GAAP financial measures providing insight into ongoing operating performance, adjusted for items like share-based compensation and acquisition-related amortization - Non-GAAP net income is defined as net income attributable to InterDigital, Inc. plus share-based compensation, acquisition-related amortization, depreciation and amortization, restructuring costs, impairment charges and one-time adjustments, loss on extinguishment of long-term debt, related income tax effects of the foregoing, and income tax adjustments[19](index=19&type=chunk) - Non-GAAP EPS is defined as non-GAAP net income divided by non-GAAP weighted average diluted shares, which adjusts for the dilutive effect of convertible notes and offsets hedging arrangements[19](index=19&type=chunk) [Adjusted EBITDA Definition](index=4&type=section&id=Adjusted%20EBITDA%20Definition) Adjusted EBITDA and its margin are supplemental non-GAAP financial measures providing insight into ongoing operating performance, calculated by adjusting net income for various non-cash and non-operating items - Adjusted EBITDA is defined as net income attributable to InterDigital Inc. plus net loss attributable to non-controlling interests, income tax (provision) benefit, other income (expense) and interest expense, depreciation and amortization, share-based compensation, and other items (including restructuring costs, impairment charges, and other non-recurring items)[20](index=20&type=chunk) - Adjusted EBITDA margin is adjusted EBITDA divided by total revenue[20](index=20&type=chunk) [Consolidated Financial Statements](index=5&type=section&id=Consolidated%20Financial%20Statements) [Summary Consolidated Statements of Income](index=5&type=section&id=Summary%20Consolidated%20Statements%20of%20Income) This section provides a summary of consolidated statements of income for Q2 and H1 2025 and 2024, detailing key financial data such as revenue, operating expenses, net income, and EPS Summary Consolidated Statements of Income (thousand USD, except per share data) | Metric | Q2 2025 | Q2 2024 | H1 2025 | H1 2024 | | :--- | :--- | :--- | :--- | :--- | | Revenue | $300,596 thousand USD | $223,493 thousand USD | $511,103 thousand USD | $487,035 thousand USD | | Total Operating Expenses | $95,169 thousand USD | $89,587 thousand USD | $173,844 thousand USD | $249,391 thousand USD | | Operating Income | $205,427 thousand USD | $133,906 thousand USD | $337,259 thousand USD | $237,644 thousand USD | | Net Income | $180,568 thousand USD | $109,664 thousand USD | $296,170 thousand USD | $191,316 thousand USD | | Diluted EPS | $5.35 per share | $3.93 per share | $8.81 per share | $6.80 per share | | Cash Dividends Per Share | $0.60 per share | $0.40 per share | $1.20 per share | $0.80 per share | [Summary Consolidated Cash Flows](index=6&type=section&id=Summary%20Consolidated%20Cash%20Flows) This section provides a summary of consolidated cash flow statements for Q2 and H1 2025 and 2024, showing cash flows from operating, investing, and financing activities Summary Consolidated Statements of Cash Flows (thousand USD) | Metric | Q2 2025 | Q2 2024 | H1 2025 | H1 2024 | | :--- | :--- | :--- | :--- | :--- | | Net Cash from Operating Activities | $105,118 thousand USD | $(48,910) thousand USD | $85,129 thousand USD | $1,863 thousand USD | | Net Cash from Investing Activities | $(81,728) thousand USD | $80,723 thousand USD | $(22,220) thousand USD | $97,498 thousand USD | | Net Cash from Financing Activities | $(42,669) thousand USD | $(184,008) thousand USD | $(85,620) thousand USD | $(233,327) thousand USD | | Cash, Cash Equivalents, and Restricted Cash, End of Period | $528,836 thousand USD | $308,995 thousand USD | $528,836 thousand USD | $308,995 thousand USD | [Summary Consolidated Balance Sheets](index=7&type=section&id=Summary%20Consolidated%20Balance%20Sheets) This section provides a summary of consolidated balance sheets as of June 30, 2025, and December 31, 2024, outlining the composition of assets, liabilities, and stockholders' equity Summary Consolidated Balance Sheets (thousand USD) | Metric | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Cash, Cash Equivalents, and Short-Term Investments | $936,985 thousand USD | $958,208 thousand USD | | Accounts Receivable | $388,707 thousand USD | $188,302 thousand USD | | Total Assets | $1,984,709 thousand USD | $1,835,529 thousand USD | | Total Current Liabilities | $708,858 thousand USD | $725,810 thousand USD | | Total Liabilities | $897,925 thousand USD | $978,314 thousand USD | | Total Stockholders' Equity | $1,086,784 thousand USD | $857,215 thousand USD | [Reconciliation of Non-GAAP Measures](index=8&type=section&id=Reconciliation%20of%20Non-GAAP%20Measures) [Adjusted EBITDA Reconciliation](index=8&type=section&id=Adjusted%20EBITDA%20Reconciliation) This section provides a reconciliation of GAAP net income to Adjusted EBITDA for Q2 and H1 2025 and 2024, detailing various adjustment items Adjusted EBITDA Reconciliation (thousand USD) | Metric | Q2 2025 | Q2 2024 | H1 2025 | H1 2024 | | :--- | :--- | :--- | :--- | :--- | | Net Income | $180,568 thousand USD | $109,664 thousand USD | $296,170 thousand USD | $191,316 thousand USD | | Income Tax Provision | $30,466 thousand USD | $24,441 thousand USD | $47,083 thousand USD | $43,852 thousand USD | | Depreciation and Amortization | $19,465 thousand USD | $17,376 thousand USD | $37,678 thousand USD | $34,616 thousand USD | | Share-Based Compensation | $11,836 thousand USD | $9,655 thousand USD | $21,334 thousand USD | $19,041 thousand USD | | **Adjusted EBITDA** | **$236,728 thousand USD** | **$157,737 thousand USD** | **$395,788 thousand USD** | **$288,101 thousand USD** | [Non-GAAP Net Income and EPS Reconciliation](index=8&type=section&id=Non-GAAP%20Net%20Income%20and%20EPS%20Reconciliation) This section provides a reconciliation of GAAP net income to non-GAAP net income and diluted EPS to non-GAAP EPS for Q2 and H1 2025 and 2024, including adjustments for share-based compensation and acquisition-related amortization Non-GAAP Net Income and EPS Reconciliation (thousand USD, except per share data) | Metric | Q2 2025 | Q2 2024 | H1 2025 | H1 2024 | | :--- | :--- | :--- | :--- | :--- | | Net Income | $180,568 thousand USD | $109,664 thousand USD | $296,170 thousand USD | $191,316 thousand USD | | Share-Based Compensation | $11,836 thousand USD | $9,655 thousand USD | $21,334 thousand USD | $19,041 thousand USD | | Acquisition-Related Amortization | $8,900 thousand USD | $8,324 thousand USD | $17,550 thousand USD | $16,745 thousand USD | | Related Income Tax Impact | $(4,355) thousand USD | $(2,642) thousand USD | $(8,065) thousand USD | $(6,523) thousand USD | | **Non-GAAP Net Income** | **$195,282 thousand USD** | **$118,900 thousand USD** | **$320,940 thousand USD** | **$213,444 thousand USD** | | Diluted EPS | $5.35 per share | $3.93 per share | $8.81 per share | $6.80 per share | | **Non-GAAP EPS** | **$6.52 per share** | **$4.57 per share** | **$10.74 per share** | **$8.14 per share** | [Outlook Reconciliation](index=9&type=section&id=Outlook%20Reconciliation) This section provides a reconciliation of GAAP and non-GAAP financial outlook for Q3 and full-year 2025, including metrics such as net income, adjusted EBITDA, and EPS Q3 2025 and Full Year 2025 Outlook Reconciliation (million USD, except per share data) | Metric | Q3 2025 | Full Year 2025 (Current) | Full Year 2025 (Prior) | | :--- | :--- | :--- | :--- | | Net Income | $32 - $38 million USD | $372 - $390 million USD | $224 - $319 million USD | | Adjusted EBITDA | $69 - $75 million USD | $551 - $569 million USD | $400 - $495 million USD | | Non-GAAP Net Income | $46 - $52 million USD | $428 - $446 million USD | $286 - $381 million USD | | Diluted EPS | $0.94 - $1.11 per share | $10.94 - $11.47 per share | $6.79 - $9.67 per share | | Non-GAAP EPS | $1.52 - $1.72 per share | $14.17 - $14.77 per share | $9.69 - $12.92 per share | [Contact Information](index=10&type=section&id=Contact%20Information) [Investor Relations Contact](index=10&type=section&id=Investor%20Relations%20Contact) Investors can contact InterDigital's investor relations department via the provided email and phone number - Investor Relations Email: **investor.relations@interdigital.com**[32](index=32&type=chunk) - Investor Relations Phone: **+1 (302) 300-1857**[32](index=32&type=chunk)

Samsung arbitration decision and new HP license agreement drive Q2 results, exceeding outlook Annualized recurring revenue, at all-time high of $553 million, up 44% YoY Company raises full year 2025 revenue guidance by $110 million WILMINGTON, Del., July 31, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended June 30, 2025. "Our agreement with Samsung is the largest license InterDigital ...

智通财经7月30日电，InterDigital宣布其与三星电子的仲裁程序已结束，双方已签署一项新的专利许可 协议。据了解，三星此前获得的InterDigital蜂窝无线与视频技术专利组合许可已于2022年12月31日到 期。2023年1月，双方宣布将通过有约束力的仲裁程序来确定新协议的最终条款。 InterDigital与三星结束仲裁并签署新的专利许可协议 ...

Core Points - InterDigital, Inc. has concluded its arbitration with Samsung Electronics and entered into a new patent license agreement [1][2] - The previous license agreement between InterDigital and Samsung expired on December 31, 2022, leading to the arbitration process initiated in January 2023 [2] Company Overview - InterDigital is a global research and development company focused on wireless, video, artificial intelligence (AI), and related technologies [3] - The company designs and develops foundational technologies that enable connected and immersive experiences across various communications and entertainment products and services [3] - InterDigital licenses its innovations to a wide range of companies, including those in wireless communications, consumer electronics, IoT devices, and cloud-based services [3] - Founded in 1972, InterDigital is listed on Nasdaq and is recognized as a leader in wireless technology and video processing [3]

Industry Overview - The Zacks Wireless Equipment industry is experiencing healthy demand trends due to rapid 5G deployment and upgrades to cloud and fiber network infrastructure [1] - The industry includes companies providing networking solutions, wireless telecom products, and related services for voice and data communications [3] - Key products include integrated circuit devices, system software, two-way radios, satellite telecommunications, and security products [3] Future Trends - Network convergence is a significant trend, with operators combining voice, video, and data communications into a single network, which is expected to reduce service delivery costs and enhance broadband competition [4] - The industry is focused on supporting high user volumes and minimizing performance degradation through scalable solutions [4] Profitability Challenges - Short-term profitability is at risk due to high costs associated with first-generation 5G products, geopolitical tensions, and supply chain disruptions [5] - Elevated customer inventory levels and macroeconomic challenges are additional headwinds affecting profitability [5] Growth Drivers - The demand for advanced wireless products and services is driven by the need for network optimization and the rapid pace of 5G deployment [6] - The expansion of fiber optic networks and the growth of cloud networking solutions are acting as tailwinds for the industry [6] Market Performance - The Zacks Wireless Equipment industry has outperformed the S&P 500 and the broader Zacks Computer and Technology sector, with a growth of 34.9% over the past year compared to 17.2% and 22.8% respectively [10] - The industry currently has a Zacks Industry Rank of 96, placing it in the top 39% of over 250 Zacks industries, indicating positive prospects [8] Valuation Metrics - The industry is trading at a trailing 12-month EV/EBITDA of 25.07X, higher than the S&P 500's 17.85X and the sector's 18.23X [13] Notable Companies - **Ubiquiti Inc. (UI)**: Gained 160.3% over the past year, with strong growth opportunities in both emerging and developed economies [16][20] - **InterDigital Inc. (IDCC)**: Achieved an 87.6% increase in stock price, with a long-term earnings growth expectation of 15% [19][20] - **Clearfield, Inc. (CLFD)**: Gained 12.1% over the past year, benefiting from strong demand in fiber optic products and regional service provider verticals [23]

For Corning, the consensus EPS estimate for the current year has increased 0.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, InterDigital belongs to the Wireless Equipment industry, a group that includes 11 individual stocks and currently sits at #163 in the Zacks Industry Rank. Stocks in this group have gained about 8.6% so far this year, so IDCC is performing better this group in terms of year-to-date returns. Investors interested in Computer ...

Core Insights - The sports media landscape is shifting towards streaming, with viewers increasingly abandoning traditional broadcast and cable services [1][8] - A significant portion of sports viewers (57%) face technical challenges when streaming, including buffering and poor video quality [3][5] - The report emphasizes the need for improved streaming infrastructure and advanced video codecs to enhance the viewing experience [4][5] Streaming Trends - More than half (40%) of sports viewers exclusively watch sports via streaming services, indicating a trend of cord-cutting [6] - The percentage of US internet households paying for traditional pay TV has decreased from 62% in Q1 2020 to 42% in Q1 2025 [7] - Sports fans spend an average of $88 per month on streaming services, compared to $64 for non-sports viewers [7] Demographic Insights - Younger viewers (under 35) are more likely to watch sports on social media platforms (40%) compared to older viewers (13% for those aged 55+) [7] - A higher percentage of female sports fans (49%) stream sports exclusively compared to male fans (42%) [7] - Poor video quality is particularly problematic for younger viewers, with 31% of those aged 18-24 reporting issues like freezing and buffering [7] Technical Challenges - The report identifies poor video quality as a major issue, with 18% of sports viewers reporting this problem [7] - Advanced video codecs like HEVC and H.266 (VVC) are suggested as solutions to improve streaming quality and reduce latency [4][5] - The need for a seamless streaming experience is critical for maintaining viewer engagement and satisfaction [8]

Core Viewpoint - InterDigital, Inc. will release its second quarter 2025 financial results on July 31, 2025, before market opening, followed by a conference call to discuss performance [1]. Group 1: Financial Results Announcement - The company will announce its second quarter 2025 financial results on July 31, 2025, before the market opens [1]. - A conference call will be held on the same day at 10:00 a.m. Eastern Time to discuss the company's performance [1]. Group 2: Conference Call Access - Participants can access a live webcast of the conference call via the company's website [2]. - Telephone access requires registration to obtain a dial-in number and PIN [2]. - A replay of the conference call will be available on the company's website for one year [3]. Group 3: Company Overview - InterDigital is a global research and development company focused on wireless, video, AI, and related technologies [4]. - The company designs foundational technologies for connected experiences in communications and entertainment products [4]. - InterDigital licenses its innovations to various industries, including wireless communications, consumer electronics, IoT, and cloud-based services [4].