InterDigital Announces Financial Results for First Quarter 2020
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InterDigital (IDCC) Tops Q1 EPS by 7c, Revenues Beat
May 7, 2020 8:33 AM EDTInterDigital (NASDAQ: IDCC) reported Q1 EPS of $0.00, $0.07 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $76.21 million versus the consensus estimate of $74.9 million.
First Quarter 2020 Financial Highlights
First quarter 2020 recurring revenue was $75.5 million, compared to recurring revenue of $74.2 million in first quarter 2019. First quarter 2020 revenue did not include any impact from the company's recently announced second quarter license renewal with Huawei.First quarter 2020 total revenue was $76.2 million, compared to $68.6 million in first... More