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.
InterDigital, Inc. (Nasdaq: IDCC) is a global research and development company focused on wireless, video, artificial intelligence (AI), and related technologies, and its news flow reflects this technology and licensing focus. As a mobile, video and AI technology research and development company, InterDigital regularly issues updates on financial results, licensing agreements, patent enforcement actions, and corporate developments.
On this page, readers can follow news about InterDigital’s quarterly and annual financial results, including revenue trends, recurring and catch‑up revenue from patent license agreements, and updates related to its convertible notes and capital return activities such as dividends and share repurchases. The company frequently announces the dates of upcoming earnings releases and conference calls, as well as presentations at investor conferences hosted by financial institutions and exchanges.
InterDigital’s news also covers its intellectual property and licensing activities. The company reports on new and renewed multi‑year, worldwide, non‑exclusive, royalty‑bearing license agreements for cellular products under its standard essential patents for 3G, 4G and 5G technologies. In addition, InterDigital issues press releases on litigation and injunctions related to alleged infringement of its patents, including cases involving video compression, HDR video, and methods for overlaying video streams used in streaming services and connected devices.
Corporate development news includes announcements such as the acquisition of Deep Render, an AI startup focused on AI‑based video coding, which InterDigital states strengthens its leadership in video compression and deepens its AI expertise. Investors and observers can use this news feed to monitor how InterDigital’s research, licensing, enforcement, and financial reporting activities evolve over time.
InterDigital (NASDAQ: IDCC) has unveiled the world’s first cloud gaming solution featuring an AI and machine learning-enabled user interface. This innovation, in collaboration with Blacknut and Nvidia, eliminates the need for joysticks or wearable controllers. Instead, it leverages real-time video analysis for an interactive gaming experience. The system utilizes localized far-Edge AI to ensure low latency and reduce bandwidth costs, opening new vertical applications beyond gaming, including smart home security and remote healthcare.
InterDigital, Inc. (NASDAQ: IDCC) announced the details for its 2020 Annual Meeting of Shareholders, scheduled for June 3, 2020, at 2:00 PM Eastern Time. Shareholders who held common stock as of April 1, 2020, can participate by using their control number from proxy materials. Others can join the live webcast by registering as guests. The online check-in starts at 1:30 PM ET, and the meeting will be archived for replay within 24 hours. InterDigital focuses on mobile and video technology solutions, licensed by leading technology firms worldwide.
InterDigital, Inc. (NASDAQ:IDCC) reported its Q1 2020 results, with recurring revenue of $75.5 million, up from $74.2 million in Q1 2019. Total revenue increased to $76.2 million from $68.6 million year-over-year. The company achieved a net income of $0.1 million or $0.00 per diluted share, compared to a net loss of $2.8 million in the prior year. Operating expenses rose to $71.5 million due to one-time charges. InterDigital renewed its license with Huawei, enhancing its market position and plans to maintain remote operations due to COVID-19.