InterDigital (IDCC) Tops Q2 EPS by 13c

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InterDigital Announces Financial Results for Second Quarter 2022

August 4, 2022 8:30 AM EDT

WILMINGTON, Del., Aug. 04, 2022 (GLOBE NEWSWIRE) --  InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, today announced results for the quarter ended June 30, 2022.

Our success in executing across all parts of the business helped us to again deliver an excellent financial performance in the second quarter as we saw outstanding growth in revenue and net income driven by several new license agreements, said Liren Chen, President and CEO of InterDigital. While we continue to see considerable upside in our core smartphone market, our recent track record demonstrates our success in... More