A well-established global footprint, diversified product portfolio and ability to penetrate different markets are key growth drivers for IDCC.
Does InterDigital (IDCC) have what it takes to be a top stock pick for momentum investors? Let's find out.
IDCC is set to showcase next-generation solutions at Mobile World Congress 2025.
With healthy fundamentals and robust demand trends, IDCC appears to be a solid investment option at the moment.
InterDigital (IDCC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
InterDigital, Inc. (NASDAQ:IDCC ) Q4 2024 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Raiford Garrabrant - Head, Investor Relations Liren Chen - President & Chief Executive Officer Rich Brezski - Chief Financial Officer Conference Call Participants Scott Searle - ROTH Capital Partners Arjun Bhatia - William Blair Tal Liani - Bank of America Anja Soderstrom - Sidoti Operator Good day, and thank you for standing by. Welcome to the InterDigital Fourth Quarter 2024 Earnings Conference Call.
IDCC reports solid top-line growth year over year in the fourth quarter, backed by healthy momentum in the consumer electronics market.
The headline numbers for InterDigital (IDCC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
InterDigital (IDCC) came out with quarterly earnings of $5.15 per share, missing the Zacks Consensus Estimate of $5.40 per share. This compares to earnings of $1.41 per share a year ago.
InterDigital (IDCC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
With solid demand for advanced networking architecture for increased broadband usage, the Zacks Wireless Equipment industry is likely to witness a healthy growth curve. QCOM, MSI and IDCC are set to thrive despite the near-term challenges.
InterDigital is expected to record top-line growth in the fourth quarter, driven by healthy demand for its patent portfolio and a strong focus on innovation.