InterDigital (IDCC) Tops Q1 EPS by 18c
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InterDigital Announces Financial Results for First Quarter 2021
May 6, 2021 8:30 AM EDTWILMINGTON, Del., May 06, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, today announced results for the quarter ended March 31, 2021.
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 $82.4 million, compared to $76.2 million in first quarter 2020, an 8% year-over-year increase.Operating expenses were $70.4 million, compared to $71.5 million in first quarter 2020.Operating income... More
