InterDigital (IDCC) Tops Q4 EPS by 34c

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InterDigital Reports Fourth Quarter And Full Year 2022 Financial Results

February 15, 2023 8:30 AM EST

WILMINGTON, Del., Feb. 15, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced results for the fourth quarter and full year ended December 31, 2022.

We are thrilled to have delivered another excellent performance in 2022, highlighted by record setting level of recurring revenue of almost $404 million, Samsungs recent agreement for binding arbitration to take a new license following Apples renewal in third quarter, and outstanding performance in consumer electronics, IoT/Auto licensing, commented Liren Chen, President and CEO, InterDigital. Building on the strength of... More