InterDigital Announces Financial Results for First Quarter 2021

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InterDigital (IDCC) Tops Q1 EPS by 18c

May 6, 2021 8:41 AM EDT

InterDigital (NASDAQ: IDCC) reported Q1 EPS of $0.18, $0.18 better than the analyst estimate of $0.00. Revenue for the quarter came in at $78.6 million versus the consensus estimate of $79.97 million.

First Quarter 2021 Financial Highlights

Recurring revenue was $78.6 million, compared to recurring revenue of $75.5 million in first quarter 2020, a 4% year-over-year increase. Total revenue was... More