Roth/MKM Comments on InterDigital Inc. (IDCC)

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InterDigital (IDCC) Tops Q1 EPS by $1.29, provides guidance

May 2, 2024 8:33 AM EDT

InterDigital (NASDAQ: IDCC) reported Q1 EPS of $2.88, $1.29 better than the analyst estimate of $1.59. Revenue for the quarter came in at $263.5 million versus the consensus estimate of $250.28 million.

GUIDANCE:

InterDigital sees FY2024 EPS of $7.45-$8.76, versus the consensus of $7.73. InterDigital sees... More

InterDigital (IDCC) Awarded Injunction Against Lenovo

May 2, 2024 8:33 AM EDT

InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced it has been awarded an injunction against Lenovo by a court in Germany.

The Regional Court in Munich held that Lenovo infringes InterDigitals patent-in-suit covering... More