InterDigital(US:IDCC)2025-05-01 12:32Revenue 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]