secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001405495-23-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InterDigital Q1 revenue doubles to $202.4M, EPS $3.58 on Lenovo/Samsung settlements
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- Total revenue $202.4M (+100% YoY); recurring revenue $101.6M (+2%).
- Net income $105.3M (+485%); GAAP diluted EPS $3.58 (+517%).
- Non-GAAP adjusted EBITDA $154.8M (+179%); margin 76% vs 55%.
- Repurchased 2.7M shares via Dutch auction for $199.9M; additional $24.7M in April.
- Q2 2023 guidance: revenue $100-104M, GAAP EPS $0.60-0.70, non-GAAP EPS $1.19-1.29.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000140549523000019/0001405495-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000140549523000019/idcc-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001405495-23-000019

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