secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001405495-22-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InterDigital Q3 recurring revenue up 8%; Apple renewal through 2029; $1.5B in contracts
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- Q3 total revenue $114.8M (-20% YoY); recurring revenue $101.0M (+8% YoY).
- Net income $22.2M ($0.74 diluted EPS) vs $26.2M ($0.83) in Q3 2021.
- Apple license renewed through 2029; 16 agreements signed in 18 months with total estimated contract value >$1.5B.
- Q4 recurring revenue guidance $98-102M; operating expenses $76-79M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000140549522000044/0001405495-22-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000140549522000044/idcc-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001405495-22-000044

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