InterDigital Inc reports results for the quarter ended in December - Earnings Summary

InterDigital

15/02/2023 14:31

* InterDigital Inc  IDCC.OQ  reported quarterly adjusted
earnings
of $1.08​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
73 cents per share.
    * Revenue rose 4.7% to $117.06 million from a year ago;
analysts
expected $109.94 million. 
    * InterDigital Inc's reported EPS for the quarter was
$1.08​.
    * The mean earnings estimate of analysts had risen by
about 25% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * InterDigital Inc shares had risen by 47.4% this quarter.
    * The company reported quarterly net income of $32.41
million.
    * Wall Street's median 12-month price target for
InterDigital Inc
is $90.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
15 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.73           1.08           Beat
 Sep. 30 2022      0.44           0.74           Beat
 Jun. 30 2022      0.58           1.08           Beat
 Mar. 31 2022      0.73           0.59           Missed