InterDigital (IDCC) Misses Q3 EPS by 2c

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InterDigital Announces Financial Results for Third Quarter 2016

October 27, 2016 8:30 AM EDT

WILMINGTON, Del., Oct. 27, 2016 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and development company, today announced results for the third quarter ended September 30, 2016.

Third Quarter 2016 Financial Highlights

Third quarter 2016 total revenue was $208.3 million, compared to $100.4 million in third quarter 2015.  The $107.9 million increase in total revenue was primarily attributable to a new patent license agreement signed during the quarter.  Primarily as a result of that agreement, past patent royalties totaled $124.0 million, an increase of $102.2 million compared to the same quarter last year.Third... More

InterDigital Unveils Latest Capabilities at IoT Solutions World Congress

October 25, 2016 2:30 AM EDT

Company previews newest features of its IoT platform, oneMPOWER powered by wot.io

WILMINGTON, Del., Oct. 25, 2016 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and development company, today announced that it will showcase the latest capabilities of its IoT platform, oneMPOWER powered by wot.io, at IoT Solutions World Congress from October 25-27, 2016 in Barcelona.

oneMPOWER is based on the oneM2M standard that defines requirements, architecture, interface specifications, security solutions, and interoperability for IoT technologies. wot.io is InterDigitals flexible IoT integration environment. The latest platform... More