InterDigital Q1 revenue $101.3M (+23% YoY); EPS $0.58 vs $0.18; guides Q2 rev $114-120M

InterDigital, Inc.

2022-Q1 EPS reported $0.58 revenue$101,318,000

Revenue $101.3M, up 23% YoY from $82.4M; recurring revenue $99.1M vs $78.6M.
Net income $18.0M ($0.58 diluted EPS) vs $5.6M ($0.18) in Q1 2021.
Adjusted EBITDA $55.4M, up 63% from $34.0M; operating income $30.2M (+152%).
Q2 2022 revenue guidance $114-120M, with recurring $97-101M; operating expenses $73-77M.
Sharp license signed in Q1; CEO cites strong licensing momentum in auto and IoT.

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