InterDigital (IDCC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended March 2024, InterDigital (IDCC) reported revenue of $263.54 million, up 30.2% over the same period last year. EPS came in at $3.58, compared to $4.21 in the year-ago quarter.The reported revenue represents a surprise of +5.36% over the Zacks Consensus Estimate of $250.15 million. With the consensus EPS estimate being $3.37, the EPS surprise was +6.23%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...