Welcome to our dedicated page for InterDigital news (Ticker: $IDCC), a resource for investors and traders seeking the latest updates and insights on InterDigital stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect InterDigital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of InterDigital's position in the market.
InterDigital, a technology research company, was awarded an injunction against Lenovo by a court in Germany for patent infringement related to 4G and 5G devices. The court found InterDigital's actions FRAND compliant, while labeling Lenovo as an unwilling licensee not adhering to FRAND principles. This decision is subject to appeal.
InterDigital, Inc. (Nasdaq: IDCC) announced its first quarter 2024 financial results, showing a 30% increase in revenue year-over-year, reaching $264 million. The company reported record revenue from Consumer Electronics and IoT licensing, with a landmark agreement with Samsung totaling nearly $2.7 billion over three years. The company reaffirmed its full-year 2024 revenue guidance of $620-$670 million. Despite revenue growth, net income and EPS declined compared to Q1 2023.
InterDigital, Inc. (Nasdaq: IDCC) has announced the election of Doug Castor, InterDigital’s Head of Wireless Research, as co-chair of the ATIS Next G Alliance (NGA) Steering Group. The NGA is an industry group focused on North American wireless technology leadership in 6G and beyond. Doug Castor’s leadership reflects InterDigital’s commitment to innovation and industry guidance towards 6G technology.
