InterDigital (IDCC) Tops Q4 EPS by 25c
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InterDigital Reports Fourth Quarter and Full Year 2015 Financial Results
February 18, 2016 8:30 AM ESTWILMINGTON, Del., Feb. 18, 2016 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and development company, today announced results for the fourth quarter and full year ended December 31, 2015.
Fourth Quarter 2015 Financial Highlights
Fourth quarter 2015 recurring revenue was $92.6 million, consisting of current patent royalties and current technology solutions revenue, representing an increase of 9% compared to recurring revenue of $85.1 million in fourth quarter 2014. This increase in recurring revenue was primarily attributable to a 21% increase in per-unit royalties.Total revenue was $112.1 million, compared to $86.1 million in fourth quarter 2014.... More