InterDigital (IDCC) Beats Q2 Earnings and Revenue Estimates

InterDigital (IDCC) came out with quarterly earnings of $6.52 per share, beating the Zacks Consensus Estimate of $3.36 per share. This compares to earnings of $4.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +94.05%. A quarter ago, it was expected that this wireless research and development company would post earnings of $3.72 per share when it actually produced earnings of $4.21, delivering a surprise of +13.17%.Over the ...