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-0.000824562254450288 0.0186254062181693 0.0476790997720327 0.0520444293544162 0.0913323955958674 0.101469660959402 0.014163069311733 0.0374933307464713
Stock impact report

InterDigital Raises First Quarter Outlook

InterDigital, Inc. (IDCC) 
Last interdigital, inc. earnings: 2/20 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.interdigital.com
Company Research Source: GlobeNewswire
WILMINGTON, Del., March 06, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced that that it has signed a new multi-year, worldwide, non-exclusive, royalty bearing license agreement with a major Chinese smartphone vendor and has raised its outlook for first quarter 2025.  “We continue to execute according to our growth strategy and added a major Chinese smartphone vendor as a new customer. We now have seven of the ten largest smartphone vendors and almost 80% of the entire global smartphone market under license,” commented CEO Liren Chen. “As a result, we have increased our outlook for the first quarter. Our revised first quarter outlook includes an increase of annualized recurring revenue (ARR)1 by $40 million to approximately $500 million. This new agreement is a further demonstration of the value of our technology and the increasing momentum of our business.” Near-Term Outlook The tabl Show less Read more
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