secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001405495-24-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000140549524000007/0001405495-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000140549524000007/idcc-20240116.htm
  HTML page:      https://secwatch.observer/filing/0001405495-24-000007

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