InterDigital (IDCC) Misses Q4 Earnings Estimates

InterDigital (IDCC) came out with quarterly earnings of $5.15 per share, missing the Zacks Consensus Estimate of $5.40 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.63%. A quarter ago, it was expected that this wireless research and development company would post earnings of $0.76 per share when it actually produced earnings of $1.63, delivering a surprise of 114.47%.Over the ...