Interdigital Inc Stock Price, News & Analysis

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.

InterDigital (NASDAQ: IDCC) and Keysight Technologies announced they will showcase dynamic AI-enabled sensing capabilities at Mobile World Congress (MWC) 2025. The demonstration, to be presented at InterDigital's booth, will implement a sensing solution using existing 3GPP signals to show how AI enhances sensing accuracy in dynamic environments.

The joint demo will highlight how AI-enabled sensing can achieve high accuracy in dynamic or cluttered environments, enabling real-time monitoring and seamless data integration. Using a radio frequency digital twin and 3GPP-compliant signals, the demonstration will showcase the network's ability to track human presence and movement by analyzing channel state information variations.

This technology aligns with anticipated 6G features, including the integration of sensing and communication (ISAC) and widespread AI implementation in networks. The demonstration includes technology developed under the CENTRIC and 6G-SANDBOX projects, funded by the Smart Networks and Services Joint Undertaking.

InterDigital (NASDAQ: IDCC) will showcase its innovations in wireless, video, and AI technology at Mobile World Congress 2025. The company will demonstrate several cutting-edge technologies at Hall 5 Stand 5C51, including:

- Future of Immersive Sports Entertainment featuring 2D HDR video quality and haptic feedback
- Smartphone Energy Savings using AI-enabled Pixel Value Reduction (PVR)
- Integrated Sensing and Communication (ISAC) for 6G networks
- Dynamic AI-Enabled Sensing in collaboration with Keysight
- Split Squeeze Computing for AI applications

The demonstrations focus on enhancing network capabilities, improving media delivery over wireless networks, and showcasing practical AI applications. InterDigital's CTO Rajesh Pankaj emphasized the company's role in leveraging AI efficiencies and innovating solutions for wireless network services.

InterDigital (IDCC) reported strong financial results for Q4 and full year 2024. Q4 revenue surged 140% year-over-year to $253 million, while full-year revenue reached a record $869 million, up 58% from 2023. The company's Q4 net income increased 241% to $133.1 million, with diluted EPS of $4.09.

The Board approved a 33% increase in quarterly dividend from $0.45 to $0.60 per share, effective Q2 2025. Smartphone revenue grew 162% to $230.6 million in Q4, while CE, IoT/Auto segment revenue increased 28% to $21.8 million.

For 2025, InterDigital projects Q1 revenue between $112-116 million and full-year revenue of $660-760 million. The company recently filed enforcement actions against Disney over unlicensed use of their technology across Disney+, Hulu, and ESPN+ platforms.

InterDigital (IDCC) has announced a significant increase in its quarterly cash dividend, raising it from $0.45 to $0.60 per share. This 33.3% dividend increase will be effective from the second quarter of 2025. The company's Board of Directors has declared that the next quarterly dividend payment of $0.60 per share will be made on April 23, 2025, to shareholders of record as of April 9, 2025. InterDigital, which focuses on mobile, video and AI technology research and development, made this announcement as part of its ongoing commitment to shareholder returns.

InterDigital (IDCC), a mobile, video and AI technology research and development company, has scheduled the release of its fourth quarter 2024 financial results for Thursday, February 6, 2025, before market open. The company will host a conference call at 10:00 a.m. ET on the same day to discuss performance.

Investors can access a live webcast through the company's website by clicking the 'Webcast' link on the Investors page. For those preferring telephone access, registration is required through the 'Dial-In Registration' link to obtain the necessary phone number and PIN. A replay of the conference call will be available on the company's website under Events in the Investors section for one year.

InterDigital (NASDAQ: IDCC) and Futuresource released a research paper highlighting the TV and video streaming industry's significant environmental impact, accounting for 4% of global emissions - double that of aviation. The study reveals that video entertainment devices' energy consumption has declined by 17% since 2020, with an additional 12% reduction expected by 2028.

The research emphasizes that video represents about 80% of total internet traffic, significantly impacting data centers' CO2 output. Notable findings include that each hour of film production generates 16.6 tCO2e of carbon, and in 2024, TVs generated an estimated 54 MtCO2e of emissions. The paper highlights solutions like Pixel Value Reduction (PVR) technology, which could have saved approximately 48 million kWh of energy if applied to the Paris Olympics broadcasts.