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Stock Market & Financial Investment News

News Breaks
February 26, 2013
09:46 EDTIDCCInterDigital's Sony agreement much better than expected, says Dougherty
Dougherty said InterDigital's (IDCC) agreement with Sony (SNE) is much better than exected. Sony is paying $87.7M in cash for the next 3 years and $22.4M for past use, which is a positive read-through on a potential Apple (AAPL ) rate.
News For IDCC From The Last 14 Days
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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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