earnings
confidence high
sentiment positive
materiality 0.75
InterDigital Q3 revenue $140.1M (+22% YoY), EPS $1.72 (+132%); raises dividend to $0.40
InterDigital, Inc.
2023-Q3 EPS reported
$6.19
revenue$444,070,000
- Total revenue $140.1M (+22% YoY); net income $47.9M (+116%); diluted EPS $1.72 (+132%).
- Adjusted EBITDA $83.5M (+48% YoY); non-GAAP diluted EPS $2.13 (+81%).
- Signed new HEVC video license with Lenovo for smartphones and PCs; joined Avanci 5G auto pool.
- Quarterly dividend increased 14% from $0.35 to $0.40 per share, starting Q4 2023.
- Q4 2023 guidance: revenue $102-106M; GAAP diluted EPS $0.70-0.80; non-GAAP $1.17-1.29.