secwatch.observer — SEC 8-K summary
======================================

Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001405495-24-000102
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InterDigital Q2 revenue $223.5M (+120% YoY), EPS $3.93, raises FY guidance to $690-740M
--------------------------------------------------------------------------------

- GAAP net income $109.7M ($3.93 diluted EPS) vs $21.8M ($0.79) a year ago; Non-GAAP EPS $4.57.
- Revenue $223.5M, up 120% YoY, driven by $127.6M catch-up revenue from new patent licenses.
- Adjusted EBITDA $157.7M (71% margin) vs $53.6M (53%) in Q2 2023.
- Full-year 2024 revenue guidance raised by $70M to $690-740M; initial Q3 outlook $94-98M.
- Returned $45.2M to shareholders in Q2: $35.1M share repurchases, $10.1M dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000140549524000102/0001405495-24-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000140549524000102/idcc-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001405495-24-000102

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