secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001405495-22-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000140549522000019/0001405495-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000140549522000019/idcc-20220505.htm
  HTML page:      https://secwatch.observer/filing/0001405495-22-000019

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