InterDigital (IDCC) Q4 Earnings and Revenues Beat Estimates

InterDigital (IDCC) came out with quarterly earnings of $2.12 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $5.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +28.74%. A quarter ago, it was expected that this wireless research and development company would post earnings of $1.79 per share when it actually produced earnings of $2.55, delivering a surprise of +42.46%.Over the ...