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Stock Market & Financial Investment News

News Breaks
January 2, 2013
08:25 EDTRIMM, IDCCInterDigital and Research in Motion extend patent license and include 4G
InterDigital (IDCC)'s patent holding subsidiaries have entered into an agreement which extends the term of their worldwide, non-exclusive, royalty-bearing patent license agreement with Research In Motion (RIMM). In addition to extending the patent license agreement for a multi-year period consistent with InterDigitalís licensing program, the parties agreed to amend the patent license to add coverage for 4G products, including LTE and LTE-Advanced products.
News For IDCC;RIMM From The Last 14 Days
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November 25, 2014
16:32 EDTIDCCInterDigital's innovation unit enters into agreement with McGill University
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November 13, 2014
16:35 EDTIDCCInterDigital sees Q4 revenue $82M-$85M, consensus $73M
"We are very pleased to announce that we expect to record total revenue in the range of $82Mto $85M in fourth quarter 2014," noted Richard J. Brezski, CFO. "This range includes recurring revenue of $81M to $84M and is driven by our licensees' strong sales of mobile devices utilizing our advanced technologies. Our fourth quarter revenue guidance does not include any contribution from the arbitration award we received earlier this year related to our agreement with Arima. We will recognize any revenue related to the Arima arbitration award when all criteria for revenue recognition have been met." This revenue guidance is based primarily on royalty reports received to date, and does not include the potential impact of any new patent license, technology solutions or patent sale agreements that may be signed, or any other arbitration or dispute resolutions that may occur, during the balance of fourth quarter 2014.

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