earnings
confidence high
sentiment positive
materiality 0.70
InterDigital reports record 13 license agreements in 2021; Q4 revenue up 23% YoY
InterDigital, Inc.
2021-FY EPS reported
$1.77
revenue$425,409,000
- Q4 2021 revenue of $111.8M (+23% YoY); net income $21.9M ($0.70 diluted EPS) vs net loss $1.4M (-$0.04) in Q4 2020.
- Full-year 2021 revenue of $425.4M (+19% YoY); net income $55.3M ($1.77 EPS) vs $44.8M ($1.44 EPS) in 2020.
- Record 13 new license agreements (including renewals) signed in 2021; 5 in Q4 alone.
- Q4 operating cash flow $71.2M, free cash flow $65.3M; cash and short-term investments $948.6M.
- Q1 2022 revenue guidance $95M-$100M, almost entirely recurring; excludes new deals.