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InterDigital Inc reports results for the quarter ended June 30 - Earnings Summary

InterDigital Inc IDCC.OQ reported quarterly adjusted earnings of $5.35​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.93.  The mean expectation of four analysts for the quarter was for earnings of $2.74 per share. Wall Street expected results to range from $2.02  to $4.06 per share.

Revenue rose 34.5% to $300.60 million from a year ago; analysts expected $170.03 million.

InterDigital Inc's reported EPS for the quarter was $5.35​.

The company reported quarterly net income of $180.57 million.

InterDigital Inc shares had risen by 9.3% this quarter and gained 26.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 77% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for InterDigital Inc is $215.00, about 14% below its last closing price of $245.18

This summary was machine generated from LSEG data July 31 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.745.35Beat
Mar. 31 20252.993.45Beat
Dec. 31 20244.124.09Missed
Sep. 30 20240.241.14Beat

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