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Stock impact report

InterDigital Reports Fourth Quarter and Full Year 2024 Financial Results

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., Feb. 06, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced results for the fourth quarter and full year ended December 31, 2024. "Our business momentum accelerated through the fourth quarter with revenue up 140% year-over-year to $253 million. 2024 was another outstanding year for the company with record revenue of $869 million, a 58% year-over-year increase, thanks to increased momentum across all of our licensing programs and new agreements with some of the world’s largest device makers," commented InterDigital CEO and President Liren Chen. "It is clear that our innovation plays a central role in enabling a growing range of devices and services. Earlier this week we filed enforcement actions against The Walt Disney Company, including Disney+, Hulu and ESPN+, over their ongoing and unlicensed use of our innovation. We believe that our technology is crucial to the viab Show less Read more
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