secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0001405495-22-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InterDigital reports record 13 license agreements in 2021; Q4 revenue up 23% YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000140549522000009/0001405495-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000140549522000009/idcc-20220217.htm
  HTML page:      https://secwatch.observer/filing/0001405495-22-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer