InterDigital (IDCC) Tops Q1 EPS by 21c

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Go back to InterDigital (IDCC) Tops Q1 EPS by 21c

InterDigital Announces Financial Results For First Quarter 2022

May 5, 2022 8:30 AM EDT

WILMINGTON, Del., May 05, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, today announced results for the quarter ended March 31, 2022.

This was another excellent quarter, once again showing the continuing licensing momentum and the strength of our recurring revenue base at a time when our technology is more important than ever, said Liren Chen, CEO and President of InterDigital. I am particularly pleased with our strong outlook for second quarter 2022 with additional revenue expected from our auto and IoT licensing programs. Our second quarter expectations also... More