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Qualcomm, Ericsson and InterDigital have been highlighted in this Industry Outlook article.
InterDigital (IDCC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
InterDigital (IDCC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Investors interested in stocks from the Wireless Equipment sector have probably already heard of InterDigital (IDCC) and Motorola (MSI). But which of these two stocks is more attractive to value investors?
InterDigital (IDCC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
In 3Q24, InterDigital generated $128.68 million in revenues, beating estimates by $32.73 million. Although revenue growth declined year-on-year, it raised its full-year guidance. The addition of OPPO as a strategic partner will contribute to IDCC's recurring revenue significantly and expand the company's portfolio of top smartphone OEMs. Although the Company's revenue target of $1 billion sounds ambitious, the company is well-positioned and on track to achieve its target.
Solid licensing momentum and product innovation help IDCC to beat third-quarter 2024 earnings estimates.
InterDigital, Inc. (NASDAQ:IDCC ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Raiford Garrabrant - Head-Investor Relations Liren Chen - President and Chief Executive Officer Richard Brezski - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Scott Searle - ROTH Capital Partners Arjun Bhatia - William Blair Madeline Brooks - Bank of America Anja Soderstrom - Sidoti & Company, LLC Operator Good day and thank you for standing by. Welcome to the InterDigital, Inc. Third Quarter 2024 Earnings Call.
While the top- and bottom-line numbers for InterDigital (IDCC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
InterDigital (IDCC) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $2.13 per share a year ago.