InterDigital rises on higher-than-expected annual forecasts

InterDigital

06/02/2025 14:47

** Shares of InterDigital  IDCC.O  up 7.2% at $196
    ** Expect FY25 revenue between $660 million - $760 million,
above analysts' average estimate of $533.0 million, according to
data compiled by LSEG
    ** Also expects FY25 adj. profit of $9.69 - $12.92 per share
vs. analysts' average estimate of $4.67 per share
    ** Sees Q1 revenue of $112 million - $116 million vs.
analysts' average estimate of $130.5 million
    ** Expects Q1 adj. profit of $1.19 - $1.42 per share vs.
analysts' average estimate of $1.17 per share
    ** Co reports Q4 revenue of $252.8 million, above analysts'
average estimate of $244.2 million
    ** Shares rose ~78.5% in 2024
 

 (Reporting by Megha Kumari in Bengaluru)
 ((Megha.Kumari@thomsonreuters.com;))