Roth/MKM Comments on InterDigital Inc. (IDCC)
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InterDigital Announces Financial Results for First Quarter 2024
May 2, 2024 8:30 AM EDTNew license agreements drive 30% increase in YoY revenue and record quarter for Consumer Electronics
Company reaffirms full year 2024 guidance
WILMINGTON, Del., May 02, 2024 (GLOBE NEWSWIRE) --  InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended March 31, 2024.
"InterDigital made significant progress in first quarter towards our 2024 revenue guidance of $620 million to $670 million, commented Liren Chen, President and CEO, InterDigital. Revenue was $264 million for the quarter, one of the highest quarters in... More
InterDigital awarded injunction against Lenovo
May 2, 2024 8:30 AM EDTWILMINGTON, Del., May 02, 2024 (GLOBE NEWSWIRE) -- 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 4G and 5G devices, that InterDigital has acted in a FRAND manner at all times, and that Lenovo is an unwilling licensee who has... More
