Last $44.27 USD
Change Today -0.10 / -0.23%
Volume 455.1K
IDCC On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 09/2/14 All times are local (Market data is delayed by at least 15 minutes).

interdigital inc (IDCC) Key Developments

InterDigital, Inc. Provides Revenue Guidance for the Third Quarter 2014

InterDigital, Inc. provided revenue guidance for the third quarter 2014. The company expects its total third quarter 2014 revenue to be between $74 million and $76 million. This revenue guidance is based primarily on royalty reports received to date, and does not include the potential impact of any new patent license, technology solutions or patent sale agreements that may be signed, or any other arbitration or dispute resolutions that may occur, during the balance of third quarter 2014.

InterDigital, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

InterDigital, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, revenue was $194.2 million, a 187% increase compared to $67.7 million in second quarter of 2013. This $126.5 million increase was primarily driven by new patent license agreements signed this quarter, which resulted in higher past patent royalties and current patent royalties. Income from operations was $128.4 million against $12.7 million last year. Income before income taxes was $124.8 million against $15.6 million last year. Net income attributable to the company was $78.9 million, or $1.93 per diluted share, compared to $9.2 million, or $0.22 per basic and diluted share in the second quarter of 2013. The company generated $23.7 million of free cash flow compared to $132.9 million generated in second quarter of 2013. This decrease in free cash flow was primarily attributable to significant prepayments received in second quarter of 2013 from existing licensees. Net cash provided by operating activities was $33.1 million against $143.5 million last year. Purchases of property, equipment, & technology licenses were $0.2 million against $0.8 million last year. For the six months, revenue was $252.1 million compared to $115.1 million last year. Income from operations was $128.3 million against loss from operations of $2.4 million last year. Income before income taxes was $120.8 million against loss before income taxes of $8.9 million last year. Net income attributable to the company was $77.0 million, or $1.90 per basic and diluted share, compared to net loss attributable to the company of $3.0 million, or $0.07 per basic and diluted share last year. The company generated $11.7 million of free cash flow compared to $203.8 million last year. Net cash provided by operating activities was $30.3 million against $219.8 million last year. Purchases of property, equipment, & technology licenses were $1.5 million against $1.2 million last year.

InterDigital, Inc. to Report Q2, 2014 Results on Aug 07, 2014

InterDigital, Inc. announced that they will report Q2, 2014 results Pre-Market on Aug 07, 2014

InterDigital, Inc., Q2 2014 Earnings Call, Aug 07, 2014

InterDigital, Inc., Q2 2014 Earnings Call, Aug 07, 2014

InterDigital Appoints Marie Macnichol as Chief Licensing Counsel and Chief Licensing Officer

InterDigital, Inc. announced licensing and litigation industry veteran, Marie H. MacNichol, has joined the company as Chief Licensing Counsel and Chief Licensing Officer. Ms. MacNichol will drive day-to-day operations for InterDigital's Licensing, Patent, and Litigation groups. MacNichol will report to Lawrence F. Shay, Executive Vice President, Intellectual Property, and Chief Intellectual Property Counsel at InterDigital. She will also assume certain of Mr. Shay's day-to-day patent management responsibilities as he takes on the broader role of managing both the invention activities within InterDigital Labs -- headed by Dr. Byung K. Yi, Chief Technology Officer -- and the patent monetization activities, which Ms. MacNichol will lead.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IDCC:US $44.27 USD -0.10

IDCC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for IDCC.
View Industry Companies
 

Industry Analysis

IDCC

Industry Average

Valuation IDCC Industry Range
No financial data is available for IDCC.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact INTERDIGITAL INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.