InterDigital (IDCC) Surpasses Q1 Earnings and Revenue Estimates

InterDigital (IDCC) came out with quarterly earnings of $4.21 per share, beating the Zacks Consensus Estimate of $3.72 per share. This compares to earnings of $3.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.17%. A quarter ago, it was expected that this wireless research and development company would post earnings of $5.40 per share when it actually produced earnings of $5.15, delivering a surprise of -4.63%.Over the l ...