InterDigital (IDCC) Easily Tops Q3 Views
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InterDigital Reports Third Quarter 2015 Financial Results
October 30, 2015 8:30 AM EDTWILMINGTON, Del., Oct. 30, 2015 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and development company, today announced results for the third quarter ended September 30, 2015.
 Third Quarter 2015 Financial Highlights
Third quarter 2015 recurring revenue was $78.6 million, consisting of current patent royalties and current technology solutions revenue, representing an increase of 7% compared to recurring revenue of $73.2 million in third quarter 2014. This increase in recurring revenue was primarily attributable to a 16% increase in per-unit royalties, driven by increased shipments by Pegatron Corporation ("Pegatron") and our other Taiwan-based licensees.Total revenue was... More