InterDigital (IDCC) Tops Q2 EPS by 20c
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InterDigital Announces Financial Results for Second Quarter 2021
August 5, 2021 8:30 AM EDTWILMINGTON, Del., Aug. 05, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, today announced results for the quarter ended June 30, 2021.
Second Quarter 2021 Financial Highlights
Recurring revenue was $78.1 million, compared to recurring revenue of $85.2 million in second quarter 2020.  Total revenue was $87.7 million, compared to $104.5 million in second quarter 2020. As previously disclosed, second quarter 2020 included recurring revenue from a handset manufacturer that has since exited the business, and non-current patent royalties from a fixed-fee patent license agreement. Second quarter 2021... More