InterDigital, Inc. (NASDAQ: IDCC) reported strong first-quarter 2024 results, with both the bottom line and top line surpassing the respective Zacks Consensus Estimate. The company generated higher revenues year over year, driven by solid licensing momentum in consumer electronics.
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InterDigital (NASDAQ:IDCC – Get Free Report) issued an update on its FY24 earnings guidance on Thursday. The company provided EPS guidance of $7.45-8.76 for the period, compared to the consensus EPS estimate of $5.83. The company issued revenue guidance of $620-670 million, compared to the consensus revenue estimate of $634.73 million. InterDigital also updated its […]
StockNews.com upgraded shares of InterDigital (NASDAQ:IDCC – Free Report) from a hold rating to a buy rating in a research note released on Monday morning. Separately, Bank of America reiterated an underperform rating and set a $100.00 target price (down previously from $140.00) on shares of InterDigital in a research note on Monday, April 1st. […]
New license agreements drive 30% increase in YoY revenue and record quarter for Consumer Electronics Company reaffirms full year 2024 guidance WILMINGTON, Del., May 02, 2024 InterDigital,.