Interdigital Inc Stock Price, News & Analysis

InterDigital (NASDAQ: IDCC), a company specializing in mobile, video, and AI technology research and development, has announced its participation in the upcoming William Blair 45th Annual Growth Stock Conference. The presentation is scheduled for Tuesday, June 3rd, 2025, at 4:20 PM ET. Investors and interested parties can access the presentation through a live webcast, and an archived replay will be made available after the event. Details for accessing the webcast will be provided in the Investors section of InterDigital's website as the event date approaches.

InterDigital and Futuresource Consulting's new research reveals that the surge in immersive content consumption will significantly strain current wireless infrastructure. Video currently accounts for 69% of internet data traffic, with social media at 13% and gaming at 10%. The study projects that XR device shipments will quadruple to 83 million units by 2031. Current networks face challenges, with 40% of consumers already expressing dissatisfaction with network performance. The research indicates that 6G deployment will align with XR hardware and software ecosystem maturity between 2028-2032. By 2037, the market is expected to reach 130 million 6G-enabled XR devices. The study emphasizes the critical need for network evolution to support next-generation immersive entertainment and XR applications.

InterDigital (NASDAQ: IDCC) reported strong Q1 2025 financial results, exceeding guidance. The company achieved record annualized recurring revenue of $502.9M, up 30% YoY. Q1 revenue was $210.5M, with net income rising 42% YoY to $115.6M. Diluted EPS increased 20% to $3.45. Notable achievements include licensing vivo Mobile, bringing coverage to nearly 80% of the global smartphone market. Smartphone revenue surged 129% YoY to $184M, while CE/IoT revenue decreased 86% to $26.3M. The company maintains its full-year 2025 guidance of $660-760M in revenue and $6.79-$9.67 in diluted EPS. Early Q2 saw a major licensing agreement with HP, contributing to over $3.6B in cumulative contract value since 2021.

InterDigital (IDCC), a mobile, video and AI technology research and development company, has scheduled the release of its first quarter 2025 financial results before market open on Thursday, May 1, 2025.

The company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss performance. Investors can access the event through a live webcast on InterDigital's website or via telephone after registering for dial-in details. A replay of the conference call will be available on the company's website for one year.

InterDigital (IDCC) has entered into a new multi-year license agreement with HP Inc., allowing HP personal computers to utilize InterDigital's Wi-Fi and video decoding technologies. The agreement was reached through amicable negotiations and represents a significant milestone as InterDigital now has over 50% of the PC market under license.

Julia Mattis, Interim Chief Licensing Officer at InterDigital, emphasized that the agreement benefits HP and its PC customers through access to foundational innovation while enabling further investment in wireless, video, and AI research.

InterDigital (IDCC) announced key leadership changes in its licensing division. Eeva Hakoranta will step down as Chief Licensing Officer effective April 4, 2025, but will continue as Senior Advisor for three months to ensure a smooth transition.

Julia Mattis, a 15-year InterDigital veteran and current VP of Licensing and Head of the Smartphone Licensing Program, will serve as interim leader of the Licensing team while the company searches for a permanent Chief Licensing Officer.

CEO Liren Chen acknowledged Hakoranta's 4.5-year tenure, highlighting her role in building a strong licensing team and driving significant growth in the company's licensing programs.

InterDigital (IDCC) has announced plans to showcase its high-dynamic range (HDR) video streaming technologies at NAB 2025 in Las Vegas from April 5-9. The company will demonstrate 'HDR Without Limits' alongside partners at various booths including ATSC NextGen TV, Ultra HD Forum, and Advanced HDR by Technicolor.

The company's HDR innovation enables creation of both premium HDR and standard dynamic range (SDR) content in a single production workflow. Through collaboration with Philips under the Advanced HDR by Technicolor brand, InterDigital develops solutions for production, distribution, and display that deliver enhanced live sport viewing experiences with improved color, detail, and contrast.

Demonstrations at NAB will feature a single-master, dynamic, and tunable HDR workflow solution, showcasing how broadcasters can implement dynamic workflows for premium HDR content while maintaining interoperability across systems.

InterDigital (IDCC) has announced a significant business development, signing a new multi-year, worldwide, non-exclusive, royalty-bearing license agreement with a major Chinese smartphone vendor. This strategic move has led the company to raise its first quarter 2025 outlook.

The company now has licensing agreements with seven of the ten largest smartphone vendors, covering approximately 80% of the global smartphone market. As a result of this new agreement, InterDigital has increased its annualized recurring revenue (ARR) outlook by $40 million, bringing the total to approximately $500 million for the first quarter of 2025.

InterDigital (IDCC) has named Martino Freda and Philippe Bordes as winners of the 2025 Inventor of the Year award for their groundbreaking contributions to wireless communication and video technology.

Martino Freda, Principal Engineer at InterDigital's Montreal Wireless Lab, is recognized for his innovations in 4G, 5G, and potential 6G technologies. His work focuses on improving device-to-device communications and relay protocols, enabling more reliable connections and enhanced IoT interactions. As a RAN2 delegate, he has made significant contributions to 3GPP technical specifications.

Philippe Bordes, Principal Scientist at InterDigital's Rennes Video Lab, is honored for his contributions to video compression, including work on High Efficiency Video Codec (HEVC) and Versatile Video Codec (VVC). His innovations in reference picture rescaling allow devices to dynamically scale video based on available bandwidth, supporting the increasing demand for video-based services.