InterDigital (IDCC) Tops Q3 EPS by 18c, Offers Guidance
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InterDigital Announces Financial Results for Third Quarter 2021
November 4, 2021 8:30 AM EDTWILMINGTON, Del., Nov. 04, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, today announced results for the quarter ended September 30, 2021.
Third Quarter 2021 Financial Highlights
Total revenue of $143.5 million increased 64% from $87.5 million in third quarter 2020. Recurring revenue was $93.4 million, compared to recurring revenue of $87.0 million in third quarter 2020. The increase in both total and recurring revenue was primarily driven by additional revenues from ten new patent license agreements signed in the last twelve months,... More