InterDigital Announces Financial Results for Third Quarter 2019

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InterDigital (IDCC) Tops Q3 EPS by 26c

October 31, 2019 8:36 AM EDT

InterDigital (NASDAQ: IDCC) reported Q3 EPS of $0.07, $0.26 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $72.1 million versus the consensus estimate of $72.82 million.

Third Quarter 2019 Financial Highlights

Third quarter 2019 recurring revenue was $72.1 million, compared to recurring revenue of $75.0 million in third quarter 2018. This... More