secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001405495-22-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InterDigital Q2 revenue $124.7M (+42% YoY), net income $21.1M, adj. EBITDA up 119%
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- Revenue $124.7M, up 42% from $87.7M in Q2 2021; recurring revenue $100.1M.
- Net income $21.1M ($0.69 diluted EPS) vs $1.6M ($0.05) year ago, including $11.2M refinancing charge.
- Adjusted EBITDA $77.8M, up 119% from $35.6M; operating income $49.9M vs loss $3.1M.
- Two new patent license agreements signed in Q2 drove record revenue from consumer electronics, auto, IoT.
- Q3 recurring revenue guidance $96-100M; operating expenses expected $76-80M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000140549522000033/0001405495-22-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000140549522000033/idcc-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001405495-22-000033

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