Core Viewpoint - Peraso Inc. has appointed Cees Links, a veteran in the wireless technology sector, to its board of directors, effective immediately after the annual stockholders meeting on December 22, 2025 [1] Group 1: Company Developments - The appointment of Cees Links is part of Peraso's strategy to enhance its leadership team in mmWave wireless technology solutions [1] - Cees Links has been serving as the CEO of SuperLight Photonics B.V. since January 2024, bringing valuable experience to Peraso's board [1]

Core Insights - The FPA Queens Road Small Cap Value Fund reported a return of 7.46% in Q3 2025, underperforming the Russell 2000 Value Index which returned 12.60% [1] - For the first three quarters of 2025, the Fund achieved a return of 13.77%, outperforming the index's 9.04% [1] - The Fund's investment strategy focuses on a disciplined and patient approach, expecting to perform better in down markets and lag in speculative markets [1] Company Highlights: InterDigital, Inc. (NASDAQ: IDCC) - InterDigital, Inc. is a global R&D company specializing in wireless, visual, AI, and related technologies, with a one-month return of 15.30% and a 52-week gain of 69.03% [2] - As of November 21, 2025, InterDigital's stock closed at $327.63, with a market capitalization of $8.454 billion [2] - The company has a strong financial performance history, engages in opportunistic share buybacks, and pays a modest dividend [3] - InterDigital has successfully renewed licensing agreements with major companies like Apple and Samsung, contributing to a growing stream of recurring revenues [3] - In Q3 2025, InterDigital reported revenue of nearly $590 million, reflecting a 49% year-over-year increase [4] Investment Positioning - The FPA Queens Road Small Cap Value Fund has begun trimming its position in InterDigital, indicating a strategic adjustment in its investment approach [3] - Despite InterDigital's potential, the analysis suggests that certain AI stocks may offer greater upside potential with less downside risk [4]

Core Insights - ParkerVision, Inc. announced its financial results for the three and nine months ended September 30, 2025, highlighting its ongoing developments in wireless technology [1] Financial Performance - The company reported its financial results for the third quarter and year-to-date, indicating progress in its operations and market presence [1] Legal Developments - The Court of Appeals for the Federal Circuit granted ParkerVision's motion for an expedited schedule in its appeal case, ParkerVision v. [1]

Core Insights - Peraso Inc. reported a significant increase in total revenue, rising more than 45% sequentially for the third quarter ended September 30, 2025, primarily driven by record quarterly revenue from mmWave products [1] Financial Performance - The mmWave product revenue increased by 35% sequentially, contributing to the overall strong financial performance of the company [1] - The third quarter marked a record for quarterly revenue from mmWave products, indicating robust demand and successful market penetration [1]

Core Insights - InterDigital reported a strong performance in Q3 2025, with annualized recurring revenue reaching an all-time high of $588 million, representing a 49% year-over-year increase [1][2] - The company achieved a net income of $67.5 million, a 97% increase from the previous year, and diluted EPS rose by 69% to $1.93 [5][2] - Key business developments included the completion of the Samsung smartphone arbitration and the signing of four new license agreements [2][5] Financial Performance - Revenue for Q3 2025 was $164.7 million, up 28% from $128.7 million in Q3 2024 [3][5] - Operating expenses slightly decreased by 1% to $88.9 million compared to $89.3 million in the prior year [3] - Adjusted EBITDA increased by 62% to $104.9 million, with an adjusted EBITDA margin of 64%, up from 50% [3][5] Revenue Breakdown - Annualized recurring revenue was $588 million, a 49% increase from $394.5 million in the previous year [3] - Revenue from smartphones was $136.4 million, a 56% increase year-over-year, while revenue from CE, IoT/Auto dropped by 31% to $28.2 million [3] - Catch-up revenue decreased by 41% to $17.7 million [3] Shareholder Returns - The company declared dividends of $0.70 per share, up from $0.45 in the previous year, and repurchased shares worth $35.3 million [4][5] - Total return of capital to shareholders amounted to $53.3 million [4] Outlook - For Q4 2025, the company expects revenue between $144 million and $148 million, and for the full year 2025, revenue is projected to be between $820 million and $824 million [10] - Adjusted EBITDA for Q4 is anticipated to be between $68 million and $76 million, with diluted EPS expected to range from $0.72 to $0.95 [10]

Core Viewpoint - Edgewater Wireless Systems Inc. is set to present its AI-powered Wi-Fi Spectrum Slicing technology at the Planet MicroCap Showcase: TORONTO 2025 on October 22, 2025 [1] Company Summary - Edgewater Wireless is recognized as an industry pioneer in AI-powered Wi-Fi Spectrum Slicing technology [1] - The presentation will be hosted by Andrew Skafel, the CEO of Edgewater Wireless [1] Event Details - The event will take place at the Arcadian Loft in Downtown Toronto at 9:00 AM (Local Time - EST) [1]

Core Insights - The report from InterDigital and ABI Research highlights the transition from 5G-Advanced to 6G, emphasizing the role of 3GPP Release 20 in establishing standards for future connectivity [2][3][4] Group 1: 5G-Advanced and 6G Transition - 3GPP Release 20 is a pivotal milestone that solidifies 5G's commercial maturity while initiating studies for the next generation of connectivity [2][3] - Release 20 is described as a bridge between generations, leveraging a decade of 5G innovation to facilitate the development of a smarter and more sustainable 6G [3][4] Group 2: Key Features of Release 20 - The report outlines several key design principles, including AI-native architectures, Integrated Sensing and Communication (ISAC), and Non-Terrestrial Networks (NTN) [2][7] - AI-Native Networks will enhance performance through predictive systems, while ISAC will enable networks to perceive environmental context, opening new automation and mobility opportunities [7] - NTN aims to integrate cellular and satellite networks for global coverage, addressing deployment challenges and enhancing positioning capabilities [7] Group 3: Future Vision and Market Impact - The report envisions a future where networks evolve into intelligent ecosystems that redefine human experiences and power the global digital economy [4] - 6G is expected to support new services such as holographic communication, ambient IoT, and safer autonomous industrial systems, driven by ultra-reliable, low-latency networks [4]

Core Insights - InterDigital, Inc. (IDCC) shares have increased by 143.6% over the past year due to strong market demand, a flexible business model, and solid cash flow [1][7] - Earnings estimates for the current fiscal year have risen by 167.9%, while estimates for the next fiscal year have increased by 65.3%, indicating strong growth potential [1][7] - The company is currently rated Zacks Rank 1 (Strong Buy), suggesting it is a solid investment option [1] Growth Drivers - InterDigital's global presence, diversified product portfolio, and market penetration capabilities are key growth drivers [3] - The company has a strong portfolio of wireless technology solutions and is expanding its offerings to include sensor, user interface, and video technologies, which are expected to add significant value [3] - Licensing agreements with major companies like Huawei, Samsung, LG, and Apple enhance its market capabilities [4] Strategic Focus - InterDigital aims to be a leading designer and developer of technology solutions for the mobile industry and IoT by leveraging its R&D capabilities and industry experience [5] - The company plans to increase its licensing revenue by adding more licensees and expanding into adjacent technology areas [5] 6G Research Initiatives - InterDigital is investing in 6G research, collaborating with academic institutions globally to advance MIMO systems and other technologies [8][9] - The focus on Massive MIMO technology is expected to significantly enhance data rates and spectrum efficiency for future networks [8] Financial Outlook - For 2025, InterDigital expects revenues between $790 million and $850 million, an increase from previous estimates of $660 million to $760 million [10] - Adjusted EBITDA is forecasted to be between $551 million and $569 million, up from earlier estimates of $400 million to $495 million [10] - Non-GAAP earnings are projected to be between $14.17 and $14.77, an increase from the previous range of $9.69 to $12.92 [10] Long-term Growth Expectations - The company has a long-term earnings growth expectation of 15% and has delivered an average earnings surprise of 54.3% over the last four quarters [11]

Core Viewpoint - Peraso Inc. has regained compliance with Nasdaq's minimum bid price requirement, indicating a positive development for the company's stock performance [1] Company Summary - Peraso Inc. is a pioneer in mmWave wireless technology solutions [1] - As of September 18, 2025, the company's common stock has closed above the $1.00 minimum bid price requirement for the last 10 consecutive trading days [1]

Core Viewpoint - InterDigital, Inc. has signed a new license agreement with a major Chinese smartphone vendor, increasing its projected annualized recurring revenue (ARR) to a record $579 million, reflecting a $26 million increase from previous estimates [2]. Financial Outlook - The company has revised its outlook for Q3 2025, projecting revenue between $155 million and $159 million, up from a prior estimate of $136 million to $140 million [4]. - Adjusted EBITDA is expected to be between $91 million and $97 million, compared to the previous range of $69 million to $75 million [4]. - Diluted EPS is projected to be between $1.39 and $1.56, an increase from the prior estimate of $0.94 to $1.11 [4]. - Non-GAAP EPS is expected to range from $2.08 to $2.27, up from the previous range of $1.52 to $1.72 [4]. Company Overview - InterDigital is a global research and development company focused on wireless, video, AI, and related technologies, licensing innovations to various sectors including wireless communications, consumer electronics, and cloud-based services [5]. - The company has established licensing agreements with eight of the ten largest smartphone vendors, covering approximately 85% of the global smartphone market [2].