secwatch / observer
8-K filed January 16, 2024, 6:59 PM ET ticker IDCC CIK 0001405495
earnings confidence high sentiment positive materiality 0.80

InterDigital Q4 prelim EPS $1.20 beats guidance; Q1 rev outlook $245-255M

InterDigital, Inc.

2023-FY EPS reported $7.62 revenue$549,588,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

InterDigital, Inc. reported first quarter 2024 results: revenue $245 to $255 million, net income $70 to $85 million, EPS $2.50 to $3.00 per diluted share. Guidance initiated.

Period
first quarter 2024
Revenue
$245 to $255 million
Net income
$70 to $85 million
EPS
$2.50 to $3.00 per diluted share
Guidance
initiated
Result
guidance update
Exact text from the filing
earnings per share 3 is expected to be approximately $1.34, above the previous expectation of $1.17 to $1.29. Q1 2024 Outlook • Total revenue is expected to be in the range of $245 to $255 million, including approximately $152 to $160 million of catch-up sales. • Operating expenses are expected to be in the range of $146 to $154 million, including revenue
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

InterDigital, Inc. reported the quarter ended December 31, 2023 results: revenue approximately $105 million, net income approximately $34 million, EPS approximately $1.20.

Period
the quarter ended December 31, 2023
Revenue
approximately $105 million
Net income
approximately $34 million
EPS
approximately $1.20
Result
preliminary results
Exact text from the filing
for the quarter ended December 31, 2023, and an initial outlook for first quarter 2024. Q4 2023 Preliminary Results GAAP • The company expects total revenue to be approximately $105 million, comprised primarily of recurring revenue and in line with prior guidance. • The company expects operating expenses to be approximately $81 million, updated from its previous
View on SEC.gov

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InterDigital, Inc. filing history →

Source: SEC EDGAR
accession 0001405495-24-000007
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