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InterDigital (IDCC)
NASDAQ:IDCC
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.26Last Year’s EPS
2.88Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: 15.84%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
InterDigital reported record-breaking revenue and strong financial metrics, driven by significant licensing agreements and growth in consumer electronics and IoT. However, challenges such as ongoing litigation with Disney, contract expirations, and uncertainties in arbitration outcomes present potential headwinds.Company Guidance
In the fourth quarter of 2024, InterDigital achieved significant growth, with revenue reaching $253 million, marking a 140% increase year-over-year. The adjusted EBITDA margin stood at an impressive 78%, reflecting substantial operational efficiency. For the full year, revenue soared by nearly 60% to $869 million, driven by strategic licensing agreements with major players like OPPO, ZTE, and Google. The company also expanded its reach in consumer electronics and IoT, contributing over 30% of annual revenue. Looking ahead to 2025, InterDigital projects total revenue between $660 million and $760 million, with expected growth in annualized recurring revenue by double digits, alongside a 33% increase in dividends, highlighting their commitment to shareholder returns.Record-Breaking Revenue
In 2024, InterDigital achieved the highest annual revenue in its history, with a 60% increase to $869 million.
Fourth Quarter Revenue Surge
Q4 revenue increased 140% year-over-year to $253 million, driven by new agreements with major companies like Oppo, Lenovo, and ZTE.
Significant Licensing Agreements
InterDigital closed 14 new agreements in 2024, including with Google, Samsung, and TPV, contributing to more than $3.3 billion in license agreements since 2021.
Consumer Electronics and IoT Growth
In 2024, over 30% of revenue came from the consumer electronics and IoT program, showcasing significant growth potential beyond smartphones.
Strong Financial Performance
Adjusted EBITDA margin improved to 63%, and the company generated almost $1 billion in cash by the end of 2024.
Dividend Increase
InterDigital's Board approved a 33% increase in the dividend from $0.45 to $0.60 per share.
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IDCC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IDCC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $182.50 | $211.79 | +16.05% |
| Oct 31, 2024 | $147.36 | $150.08 | +1.85% |
| Aug 01, 2024 | $122.09 | $136.12 | +11.49% |
| May 02, 2024 | $97.04 | $101.96 | +5.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does InterDigital (IDCC) report earnings?
InterDigital (IDCC) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is InterDigital (IDCC) earnings time?
InterDigital (IDCC) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IDCC EPS forecast?
IDCC EPS forecast for the fiscal quarter 2025 (Q1) is 1.26.
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