InterDigital (NASDAQ:IDCC) Stock

InterDigital

InterDigital Inc is a research and development company focused on wireless, video, Artificial Intelligence, and related technologies. It designs and develops technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. The majority of revenue is generated from fixed-fee patent license agreements, with a smaller portion coming from variable royalty agreements. Geographically it operates in the United States, China, South Korea, Japan, Taiwan, and Europe, out of which the majority is from China.

InterDigital Inc

InterDigital Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) reported financial results for the first quarter before the market open on Thursday. Here&#8217;s a look at the key metrics <a href="https://www.benzinga.com/pressreleases/25/05/g45133331/interdigital-announces-financial-results-for-first-quarter-2025">from the quarter</a>.
<ul>
<li>Q1 Revenue: $210.51 million, versus <a href="https://www.benzinga.com/calendars/earnings">estimates</a> of $205.25 million</li>
</ul>
<ul>
<li>Q1 Adjusted EPS: $4.21, versus estimates of $2.99</li>
</ul>
The mobile, video and AI technology research and development company said its strong revenue results were driven by the licensing of vivo Mobile in the quarter.
&#8220;We now have seven of the ten largest smartphone vendors and almost&nbsp;80%&nbsp;of the entire global smartphone market under license,&#8221; said Liren Chen, president and CEO of InterDigital. 
&#8220;Early in the&nbsp;second quarter, we signed another major license agreement with HP under our consumer electronics and IoT program. With these new deals, we have signed agreements with a cumulative total contract value of more than&nbsp;$3.6 billion&nbsp;since 2021, giving us a strong base from which to drive additional growth.&#8221;
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45139383/us-manufacturing-activity-contracts-in-april-as-tariffs-push-input-prices-toward-3-year-highs">US Manufacturing Activity Contracts In April As Tariffs Push Input Prices Toward 3-Year Highs</a>
Outlook: InterDigital expects second-quarter revenue of $165 million to $170 million versus estimates of $136.85 million, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. The company sees second-quarter adjusted earnings in the range of $2.67 to $2.90 per share versus estimates of $1.01 per share.
InterDigital also reaffirmed full-year revenue guidance of $660 million to $760 million ($699.97 million estimate) and full-year adjusted earnings of $9.69 to $12.69 per share ($8.32 per share estimate).
IDCC Price Action: <a href="https://www.benzinga.com/pressreleases/25/05/g45133331/interdigital-announces-financial-results-for-first-quarter-2025">InterDigital shares</a> were down 0.70% at $199.59 at the time of publication Thursday, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
This illustration was generated using artificial intelligence via Midjourney.

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IDCC

InterDigital Reports Q1 Earnings: The Details

InterDigital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) affirms FY2025 Adj EPS guidance from $9.69-$12.92 to $9.69-$12.92 vs $8.32 analyst estimate. Affirms FY2025 sales outlook from $660.00 million-$760.00 million to $660.00 million-$760.00 million vs $699.97 million estimate.

InterDigital Affirms FY2025 Adj EPS Guidance of $9.69-$12.92 vs $8.32 Est; Affirms FY2025 Sales Guidance of $660.00M-$760.00M vs $699.97M Est

InterDigital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) is looking for Q2 GAAP EPS of $1.90-$2.11 vs $1.01 analyst estimate..

InterDigital Sees Q2 GAAP EPS $1.90-$2.11 vs $1.01 Est

InterDigital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) is looking for Q2 Adj EPS of $2.67-$2.90 vs $1.01 analyst estimate. sees sales of $165.000 million-$170.000 million vs $136.85 million analyst estimate.

InterDigital Sees Q2 Adj EPS $2.67-$2.90 vs $1.01 Est; Sees Sales $165.000M-$170.000M vs $136.85M Est

InterDigital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) affirms FY2025 GAAP EPS guidance from $6.79-$9.67 to $6.79-$9.67 vs $8.33 analyst estimate..

InterDigital Affirms FY2025 GAAP EPS Guidance of $6.79-$9.67 vs $8.33 Est

InterDigital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) reported quarterly earnings of $4.21 per share which beat the analyst consensus estimate of $2.99 by 40.8 percent. This is a 17.6 percent increase over earnings of $3.58 per share from the same period last year. The company reported quarterly sales of $210.51 million which beat the analyst consensus estimate of $205.25 million by 2.56 percent. This is a 20.12 percent decrease over sales of $263.54 million the same period last year.

Earnings Beats

InterDigital Q1 Adj. EPS $4.21 Beats $2.99 Estimate, Sales $210.51M Beat $205.25M Estimate

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Earnings Scheduled For May 1, 2025

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MicroCloud Hologram Inc. - Ordinary Shares

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Shares of broader tech companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

InterDigital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>), a mobile, video and AI technology research and development company, today announced that it has signed a new multi-year license agreement with HP Inc. The agreement licenses HP personal computers to InterDigital's Wi-Fi and video decoding technologies.

InterDigital Signs Multi-Year License Agreement With HP,  Licensing HP Personal Computers To InterDigital's Wi-Fi And Video Decoding Technologies

InterDigital shares are trading higher after the company signed a multi-year license agreement with a Chinese smartphone vendor and raised its Q1 adjusted EPS and revenue guidance.

InterDigital Signs Multi-Year License Agreement With A Chinese Smartphone Vendor; Co. Raises Q1 Adj. EPS Guidance From $1.19-$1.42 To $3.66-$3.90, Raises Revenue Guidance From $112M-$116M To $202M-$206M

U.S. stocks were mixed, with the Nasdaq Composite gaining around 0.2% on Thursday.
Shares of Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) rose sharply on Thursday after the company reported better-than-expected <a href="https://www.benzinga.com/25/02/43529386/tobacco-company-philip-morris-stocks-surge-on-solid-q4-earnings">fourth-quarter financial results</a>.
Philip Morris Intl reported quarterly earnings of $1.55 per share which beat the analyst consensus estimate of $1.50 per share. The company reported quarterly sales of $9.71 billion which beat the analyst consensus estimate of $9.44 billion.
Philip Morris shares jumped 9.1% to $142.96 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>American Superconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMSC#NASDAQ">AMSC</a>) shares surged 31.3% to $33.50 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance with its midpoint above estimates.</li>
<li>Altus Power, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPS#NYSE">AMPS</a>) gained 28% to $4.9050 after the company announced it entered into a definitive agreement to be acquired by TPG for a valuation of approximately $2.2 billion.</li>
<li>Hesai Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) surged 21.7% to $16.90.</li>
<li>TTM Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTMI#NASDAQ">TTMI</a>) gained 19.6% to $29.63 after the company reported fourth-quarter earnings and revenue above estimates.</li>
<li>Digi International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGII#NASDAQ">DGII</a>) surged 18.3% to $36.00 following first-quarter earnings.</li>
<li>Liquidity Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQDT#NASDAQ">LQDT</a>) gained 16.8% to $37.22 after the company reported better-than-expected quarterly financial results.</li>
<li>Peloton Interactive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>) surged 14.6% to $8.69 following upbeat revenue.</li>
<li>Tapestry, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) rose 14% to $83.67 after the company reported second-quarter financial results and beat its sales estimates.</li>
<li>Coherent Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>) gained 13.7% to $102.47 after the company reported better-than-expected quarterly financial results.</li>
<li>InterDigital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) jumped 12.2% to $204.82 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter adjusted EPS guidance above estimates. The company also announced an increase in its quarterly dividend from $0.45 per share to $0.60.</li>
<li>ArcelorMittal S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MT#NYSE">MT</a>) gained 11.6% to $28.42 after the company reported fourth-quarter financial results and missed its adjusted EPS and revenue estimate.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) climbed 11.3% to $27.50 after Cantor Fitzgerald initiated coverage on the stock with an Overweight rating and announced a price target of $30.</li>
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) rose 8.8% to $15.24 after the company launched the Robovan W5.</li>
<li>Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) gained 7.7% to $141.32 following upbeat quarterly earnings.</li>
<li>Darling Ingredients Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAR#NYSE">DAR</a>) rose 6.5% to $38.41 after the company reported better-than-expected fourth-quarter EPS results.</li>
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Philip Morris Posts Upbeat Results, Joins Coherent, ArcelorMittal, Yum! Brands And Other Big Stocks Moving Higher On Thursday

InterDigital shares are trading higher after the company reported better-than-expected Q4 financial results and issued Q1 adjusted EPS guidance above estimates. The company also announced an increase in its quarterly dividend from $0.45 per share to $0.60.

Near-Term Outlook
The table below presents guidance of the company's current outlook for first quarter and full year 2025. The outlook for first quarter 2025 covers existing licenses and does not include any new agreements or arbitration results we may sign or receive over the balance of the first quarter.&nbsp;&nbsp; The outlook for full year 2025 includes both existing licenses and the expected contributions from both new agreements and arbitration results over the balance of the year.
<figure class="table"> 
<table>
<tbody>
<tr>
<td>(in millions, except per share data)</td>
<td>Q1 2025</td>
<td>Full Year 2025</td>
</tr>
<tr>
<td>Revenue</td>
<td>$112 - $116</td>
<td>$660 - $760</td>
</tr>
<tr>
<td>Adjusted EBITDA 2</td>
<td>$53 - $60</td>
<td>$400 - $495</td>
</tr>
<tr>
<td>Diluted EPS 1</td>
<td>$0.58 - $0.79</td>
<td>$6.79 - $9.67</td>
</tr>
<tr>
<td>Non-GAAP EPS 3</td>
<td>$1.19 - $1.42</td>
<td>$9.69 - $12.92</td>
</tr>
</tbody>
</table>
</figure>

InterDigital Expects FY25 Revenue Of $660M-$760M Vs $859.96M Est, Adj EPS Of $9.69-$12.92 Vs $12.18 Est

The earnings results for InterDigital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDCC#NASDAQ">IDCC</a>) for Q4 were made public on Thursday, February 6, 2025 at 08:30 AM.
Here's a comprehensive overview of the announcement.
<h3>Earnings</h3>
InterDigital beat estimated earnings by 33.0%, reporting an EPS of $5.15 versus an estimate of $3.87.
Revenue was up $147.28 million from the same period last year.
<h3>Performance in Previous Earnings</h3>
The company beat on EPS by $1.39 in the last quarter, resulting in a 10.0% increase share price change the following day.
Here's a look at InterDigital's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.24</td>
<td>0.33</td>
<td>2.75</td>
<td>0.89</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.63</td>
<td>4.57</td>
<td>3.58</td>
<td>1.41</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>95.95M</td>
<td>99.68M</td>
<td>250.28M</td>
<td>104.64M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>128.68M</td>
<td>223.49M</td>
<td>263.54M</td>
<td>105.52M</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
InterDigital management provided guidance for FY 2025, expecting earnings between $9.69 and $12.92 per share.
To track all earnings releases for InterDigital <a href="https://www.benzinga.com/quote/IDCC/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

InterDigital Earnings Review: Q4 Summary

InterDigital Expects Q1 Revenue Of $112M-$116M Vs $130.48M Est, Adj EPS Of $1.19-$1.42 Vs $1.17 Est

InterDigital Q4 2024 Adj. EPS $5.15 Beats $4.12 Estimate, Sales $252.802M Beat $244.234M Estimate

Dividends

InterDigital Announces An Increase In The Company's Quarterly Cash Dividend From $0.45 To $0.60 Per Share

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