---
schema_version: "secwatch.filing_event.v1"
accession: "0001405495-24-000007"
form_type: "8-K"
ticker: "IDCC"
cik: "0001405495"
company_name: "InterDigital, Inc."
filed_at: "2024-01-16T23:59:59+00:00"
generated_at: "2026-06-06T23:04:39.793393+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Q4 preliminary revenue ~$105M in line; net income ~$34M ($1.20 diluted EPS) above prior $18-21M ($0.70-0.80).
- Adjusted EBITDA ~$52M at top end of guidance; non-GAAP diluted EPS $1.34 above prior $1.17-1.29 range.
- Q1 2024 revenue outlook $245-255M including $152-160M catch-up; net income $70-85M ($2.50-3.00 diluted EPS).
- Q4 operating expenses ~$81M, above prior $77-79M due to higher litigation costs and performance-based compensation.

## SEC filing metadata
- accession: 0001405495-24-000007
- form_type: 8-K
- ticker: IDCC
- cik: 0001405495
- company_name: InterDigital, Inc.
- filed_at: 2024-01-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405495/000140549524000007/0001405495-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405495/000140549524000007/idcc-20240116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001405495-24-000007
- JSON: https://secwatch.observer/filing/0001405495-24-000007.json
- Plain text: https://secwatch.observer/filing/0001405495-24-000007.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1405495/000140549524000007/0001405495-24-000007-index.htm
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1405495/000140549524000007/0001405495-24-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.