secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001405495-23-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InterDigital Q2 revenue falls 19%; UK court awards $184.9M Lenovo license boost
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- Q2 revenue $101.6M (-19% YoY); recurring revenue $99.1M (-1%).
- GAAP net income $21.8M, diluted EPS $0.79 (+14%).
- UK High Court increased Lenovo license award to $184.9M; cash balance ~$1B.
- Q3 guidance: revenue $97-100M, Adj. EBITDA $47-50M, non-GAAP EPS $1.10-$1.20.
- Repurchased $42.5M in shares during Q2; maintains strong capital return program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000140549523000034/0001405495-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000140549523000034/idcc-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001405495-23-000034

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