Financial ResilienceMore than 90% of its revenue is tied to long-term fixed fee arrangements that are not impacted by units shipped/sold in any particular period, offering resilience in the face of broader macro uncertainty.
Partnerships And DealsThe stock is attractive given the upside potential from new and expanding partnerships in the smartphone market, the medium-term opportunity in consumer electronics, and the medium-to-long-term opportunity to license to streaming video platforms.
Revenue GrowthInterDigital saw 44% recurring revenue growth, driven largely by the arbitration conclusion with Samsung, the HP deal signed in April, and the vivo deal signed in May.