Ultime notizie per InterDigital (NASDAQ:IDCC) Azioni

InterDigital

InterDigital Inc is a research and development company focused on wireless, video, Artificial Intelligence, and related technologies. It designs and develops technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. The majority of revenue is generated from fixed-fee patent license agreements, with a smaller portion coming from variable royalty agreements. Geographically it operates in the United States, China, South Korea, Japan, Taiwan, and Europe, out of which the majority is from China.

InterDigital Inc

WIIM

IDCC

InterDigital shares are trading higher after the company signed a multi-year license agreement with a Chinese smartphone vendor and raised its Q1 adjusted EPS and revenue guidance.

News

Guidance

InterDigital Signs Multi-Year License Agreement With A Chinese Smartphone Vendor; Co. Raises Q1 Adj. EPS Guidance From $1.19-$1.42 To $3.66-$3.90, Raises Revenue Guidance From $112M-$116M To $202M-$206M

U.S. stocks were mixed, with the Nasdaq Composite gaining around 0.2% on Thursday.
Shares of Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) rose sharply on Thursday after the company reported better-than-expected <a href="https://www.benzinga.com/25/02/43529386/tobacco-company-philip-morris-stocks-surge-on-solid-q4-earnings">fourth-quarter financial results</a>.
Philip Morris Intl reported quarterly earnings of $1.55 per share which beat the analyst consensus estimate of $1.50 per share. The company reported quarterly sales of $9.71 billion which beat the analyst consensus estimate of $9.44 billion.
Philip Morris shares jumped 9.1% to $142.96 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>American Superconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMSC#NASDAQ">AMSC</a>) shares surged 31.3% to $33.50 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance with its midpoint above estimates.</li>
<li>Altus Power, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPS#NYSE">AMPS</a>) gained 28% to $4.9050 after the company announced it entered into a definitive agreement to be acquired by TPG for a valuation of approximately $2.2 billion.</li>
<li>Hesai Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) surged 21.7% to $16.90.</li>
<li>TTM Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTMI#NASDAQ">TTMI</a>) gained 19.6% to $29.63 after the company reported fourth-quarter earnings and revenue above estimates.</li>
<li>Digi International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGII#NASDAQ">DGII</a>) surged 18.3% to $36.00 following first-quarter earnings.</li>
<li>Liquidity Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQDT#NASDAQ">LQDT</a>) gained 16.8% to $37.22 after the company reported better-than-expected quarterly financial results.</li>
<li>Peloton Interactive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>) surged 14.6% to $8.69 following upbeat revenue.</li>
<li>Tapestry, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) rose 14% to $83.67 after the company reported second-quarter financial results and beat its sales estimates.</li>
<li>Coherent Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>) gained 13.7% to $102.47 after the company reported better-than-expected quarterly financial results.</li>
<li>InterDigital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) jumped 12.2% to $204.82 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter adjusted EPS guidance above estimates. The company also announced an increase in its quarterly dividend from $0.45 per share to $0.60.</li>
<li>ArcelorMittal S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MT#NYSE">MT</a>) gained 11.6% to $28.42 after the company reported fourth-quarter financial results and missed its adjusted EPS and revenue estimate.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) climbed 11.3% to $27.50 after Cantor Fitzgerald initiated coverage on the stock with an Overweight rating and announced a price target of $30.</li>
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) rose 8.8% to $15.24 after the company launched the Robovan W5.</li>
<li>Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) gained 7.7% to $141.32 following upbeat quarterly earnings.</li>
<li>Darling Ingredients Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAR#NYSE">DAR</a>) rose 6.5% to $38.41 after the company reported better-than-expected fourth-quarter EPS results.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/02/43527663/wall-streets-most-accurate-analysts-weigh-in-on-3-tech-stocks-delivering-high-dividend-yields-2">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Tech Stocks Delivering High Dividend Yields</a></li>
</ul>

Intraday Update

Markets

Movers

Trading Ideas

AMPS

AMSC

ASTS

COHR

DGII

HSAI

LQDT

PTON

TTMI

Philip Morris Posts Upbeat Results, Joins Coherent, ArcelorMittal, Yum! Brands And Other Big Stocks Moving Higher On Thursday

InterDigital shares are trading higher after the company reported better-than-expected Q4 financial results and issued Q1 adjusted EPS guidance above estimates. The company also announced an increase in its quarterly dividend from $0.45 per share to $0.60.

Near-Term Outlook
The table below presents guidance of the company's current outlook for first quarter and full year 2025. The outlook for first quarter 2025 covers existing licenses and does not include any new agreements or arbitration results we may sign or receive over the balance of the first quarter.&nbsp;&nbsp; The outlook for full year 2025 includes both existing licenses and the expected contributions from both new agreements and arbitration results over the balance of the year.
<figure class="table"> 
<table>
<tbody>
<tr>
<td>(in millions, except per share data)</td>
<td>Q1 2025</td>
<td>Full Year 2025</td>
</tr>
<tr>
<td>Revenue</td>
<td>$112 - $116</td>
<td>$660 - $760</td>
</tr>
<tr>
<td>Adjusted EBITDA 2</td>
<td>$53 - $60</td>
<td>$400 - $495</td>
</tr>
<tr>
<td>Diluted EPS 1</td>
<td>$0.58 - $0.79</td>
<td>$6.79 - $9.67</td>
</tr>
<tr>
<td>Non-GAAP EPS 3</td>
<td>$1.19 - $1.42</td>
<td>$9.69 - $12.92</td>
</tr>
</tbody>
</table>
</figure>

InterDigital Expects FY25 Revenue Of $660M-$760M Vs $859.96M Est, Adj EPS Of $9.69-$12.92 Vs $12.18 Est

The earnings results for InterDigital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) for Q4 were made public on Thursday, February 6, 2025 at 08:30 AM.
Here's a comprehensive overview of the announcement.
<h3>Earnings</h3>
InterDigital beat estimated earnings by 33.0%, reporting an EPS of $5.15 versus an estimate of $3.87.
Revenue was up $147.28 million from the same period last year.
<h3>Performance in Previous Earnings</h3>
The company beat on EPS by $1.39 in the last quarter, resulting in a 10.0% increase share price change the following day.
Here's a look at InterDigital's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.24</td>
<td>0.33</td>
<td>2.75</td>
<td>0.89</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.63</td>
<td>4.57</td>
<td>3.58</td>
<td>1.41</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>95.95M</td>
<td>99.68M</td>
<td>250.28M</td>
<td>104.64M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>128.68M</td>
<td>223.49M</td>
<td>263.54M</td>
<td>105.52M</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
InterDigital management provided guidance for FY 2025, expecting earnings between $9.69 and $12.92 per share.
To track all earnings releases for InterDigital <a href="https://www.benzinga.com/quote/IDCC/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

InterDigital Earnings Review: Q4 Summary

InterDigital Expects Q1 Revenue Of $112M-$116M Vs $130.48M Est, Adj EPS Of $1.19-$1.42 Vs $1.17 Est

Earnings Beats

InterDigital Q4 2024 Adj. EPS $5.15 Beats $4.12 Estimate, Sales $252.802M Beat $244.234M Estimate

Dividends

InterDigital Announces An Increase In The Company's Quarterly Cash Dividend From $0.45 To $0.60 Per Share

AAMI

AFRM

AGCO

AMRK

AMZN

APTV

BILL

CCEC

CIGI

CLFD

CLSK

CRNC

CTLP

DOCS

EMBC

ENTG

EXPE

EXPO

FARM

FBIN

FTNT

GOOS

GPRO

GTES

GTIM

HUBG

IBEX

IIIV

ILMN

INTR

KVUE

LADR

LESL

Laboratory Corporation Of America Holdings

LION

LITE

LIVE

LSPD

LTRX

MAGN

MATW

MCFT

MCHP

MKTX

MPWR

MSGE

MTSI

Earnings Scheduled For February 6, 2025

InterDigital Files Patent Lawsuits Against Disney, Alleging Infringement By Disney+, Hulu, and ESPN+

AIXI

ALAB

ARBB

ASAN

BLIN

BTBT

BTDR

CIFR

CISO

CLRO

Core Scientific, Inc. - Class A Common Stock

CORZ

DOCU

FUFU

GRRR

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

HTCR

INTZ

LAES

MNDY

MTEK

MYSZ

NTNX

PLTR

QBTS

QMCO

QUBT

RBRK

RCAT

RGTI

SHOP

SMCI

SMSI

SNOW

SOUN

VRAR

VUZI

Shares of companies within the broader technology sector are trading lower amid overall market weakness following recent economic data and a rise in yields. Also, the sector may be falling in response to a recent pullback in NVIDIA as investors evaluate CES announcements.

ACIW

ADBE

ADEA

ADSK

AEYE

AGYS

AISP

ALKT

ANSS

APPF

APPN

ARBK

BLKB

BRZE

BTCM

BTCS

BTCT

CCSI

CRWD

CVLT

CWAN

CYBR

DATS

DJCO

DOMO

EGAN

EVCM

FICO

GRYP

GTLB

HUBS

IDAI

INTA

INTU

IREN

KVYO

LMFA

MANH

MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

MIGI

MSTR

NCNO

ORCL

PANW

PCOR

SDIG

SLNH

SNPS

SPNS

SPSC

SSTI

TENB

VRNS

WDAY

XTKG

ZETA

Shares of software companies are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

InterDigital shares are trading higher after the company on Thursday reported better-than-expected Q3 financial results and raised its FY24 guidance

InterDigital inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) reported third-quarter financial results before the market open on Thursday. Here&#8217;s what <a href="https://www.benzinga.com/quote/IDCC/earnings">you need to know.</a>
What To Know: InterDigital posted adjusted earnings per share of $1.63, beating the estimate of 24 cents per share, and revenue of $128.68 million, topping analyst estimates of $95.95 million, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Revenue from InterDigital's consumer electronics and IoT licensing program grew by 15% year-over-year, partly offset by a 16% drop in smartphone-related revenue, impacted by lower catch-up revenues and the expiration of its Huawei agreement at the end of 2023.
Net income came in at $34.2 million. Adjusted EBITDA was $64.8 million, with an adjusted EBITDA margin of 50%.
&#8220;In the third quarter we delivered revenues of about $129 million, exceeding the top end of our guidance, driven by a strong performance from our consumer electronics and IoT licensing program,&#8221; said Liren Chen, president and CEO of InterDigital. 
&#8220;In addition, at the start of the fourth quarter, we announced a new license agreement with OPPO Group, a top smartphone vendor, and a binding arbitration agreement with Lenovo. Given the increasing momentum across the business, we are raising the midpoint of our 2024 full-year revenue guidance by $145 million to $860 million.&#8221;
For the fourth quarter, InterDigital projects revenue between $239 million and $249 million and adjusted earnings per share of $5.42 to $5.70.
The company also raised its full-year 2024 outlook, now expecting revenue of $855 million to $865 million, up from a prior range of $690 million to $740 million. Analysts are looking for revenue of $721.7 million, according to estimates from <a href="http://pro.benzinga.com">Benzinga Pro</a>. 
Adjusted earnings per share is now projected at $14.69 to $14.99, up from a prior guidance range of $9.70 to $10.95. Benzinga Pro estimates are calling for adjusted earnings of $7.87.
IDCC Price Action: InterDigital shares were up 1.58% at $150.06 at the time of writing, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41656172/hyatts-earnings-miss-clouds-q3-eyes-strong-2024-with-bold-pipeline-and-expanding-member-base">Hyatt&#8217;s Earnings Miss Clouds Q3, Eyes Strong 2024 With Bold Pipeline And Expanding Member Base</a></li>
</ul>
Image Via Shutterstock.

InterDigital Q3 Earnings Results: EPS Beat, Revenue Beat, Raised Guidance

General

InterDigital shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY24 guidance

InterDigital Expects Q4 Revenue Of $239M-$249M, Adj EPS Of $5.42-$5.70

InterDigital Raises FY24 Outlook To $855M-$865M (Prior $690M-$740M) Vs. $721.7M Est; Sees Adjusted EPS Of $14.69-$14.99 (Prior $9.70-$10.95) Vs. $7.87 Est

InterDigital Q3 2024 Adj. EPS $1.63 Beats $0.24 Estimate, Sales $128.679M Beat $95.952M Estimate

InterDigital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>), a mobile, video and AI technology research and development company, today announced that it has signed a new license agreement with OPPO Group. The agreement covers OPPO, realme and OnePlus branded mobile devices worldwide.
As part of the agreement, both parties have agreed to dismiss all pending litigations between them.
"In an increasingly connected world, this agreement serves as another validation of the strength of our foundational innovation in wireless, video, and AI, and of the quality of our patent portfolio," said Liren Chen, CEO and President, InterDigital. "Our licensing success further strengthens our ability to reinvest in cutting-edge R&amp;D and foster innovation for next generation technology that benefits the whole industry and billions of consumers in the future."
Along with our agreements with Apple, Samsung and Xiaomi, InterDigital now has the four largest smartphone vendors under license and has licensed approximately 70% of the entire global market.
"OPPO Group adds a significant customer to our smartphone program, and I am pleased with our progress and execution against our goals," commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. "This agreement reflects our increasing momentum across the business and, along with other licenses that we have signed recently, puts us in an excellent position to license the rest of the smartphone market."

InterDigital Secures Global License Deal with OPPO Group, Now Covers 70% of Global Smartphone Market

Press Releases

InterDigital to Present at 27th Annual Needham Growth Conference

Sustainable solutions have the potential to reap huge energy savings across video entertainment industry

InterDigital Announces Date for Fourth Quarter 2024 Financial Results

Legal

InterDigital enforces patents against Disney

InterDigital Declares Increase in Quarterly Cash Dividend

InterDigital Reports Fourth Quarter and Full Year 2024 Financial Results

At MWC, InterDigital to Showcase Innovations and AI Applications Driving Network Evolution and the Growth of Media Delivered over Wireless

InterDigital and Keysight to Demonstrate Dynamic AI-Enabled Sensing at Mobile World Congress 2025

Comments

InterDigital

Notizie

Ultime notizie per InterDigital (NASDAQ:IDCC) Azioni

Le persone guardano anche

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO