InterDigital Inc reports results for the quarter ended June 30 - Earnings Summary
InterDigital Inc reports results for the quarter ended June 30 - Earnings Summary
InterDigital Inc IDCC.OQ reported quarterly adjusted earnings of $3.40 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $5.35. The mean expectation of four analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 85 cents to 96 cents per share.
Revenue fell 13.4% to $260.17 million from a year ago; analysts expected $143.05 million.
InterDigital Inc's reported EPS for the quarter was $3.40.
The company reported quarterly net income of $116.37 million.
InterDigital Inc shares had fallen by 7.8% this quarter and lost 18.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 37% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is "buy."
Wall Street's median 12-month price target for InterDigital Inc is $469.22, about 44.3% above its last closing price of $261.14
This summary was machine generated from LSEG data July 30 at 07:03 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.91 | 3.40 | Beat |
Mar. 31 2026 | 1.71 | 2.14 | Beat |
Dec. 31 2025 | 1.00 | 1.20 | Beat |
Sep. 30 2025 | 1.53 | 1.93 | Beat |
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