InterDigital (IDCC) Tops Q3 EPS by 18c, Offers Guidance

InterDigital (NASDAQ: IDCC) reported Q3 EPS of $0.83, $0.18 better than the analyst estimate of $0.65. Revenue for the quarter came in at $143.5 million versus the consensus estimate of $120.27 million.

GUIDANCE:

InterDigital sees Q4 2021 revenue of $98-105 million, versus the consensus of $93.1 million.

• The company expects fourth quarter revenue to be between $98 million and $105 million, including approximately $97 million to $100 million of recurring revenue.
• Additionally, the company expects operating expenses to be between $85 million and $88 million, including restructuring charges of approximately $5 million to $6 million.

For earnings history and earnings-related data on InterDigital (IDCC) click here.

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