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.
Rhea-AI Summary
InterDigital, Inc. (Nasdaq: IDCC) announced unaudited preliminary financial results for Q4 2023 and an outlook for Q1 2024. Q4 2023 saw total revenue of $105 million, operating expenses of $81 million, and net income of $34 million. Q1 2024 outlook includes revenue of $245-255 million and net income of $70-85 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
-
Rhea-AI Summary
InterDigital, Inc. (Nasdaq: IDCC) has signed a new patent license agreement with Samsung Electronics, licensing Samsung’s digital TVs and computer display monitors under InterDigital's joint licensing program with Sony. The agreement includes licenses to key technologies including ATSC 3.0, HEVC, VVC, and Wi-Fi. Eeva Hakoranta, Chief Licensing Officer, InterDigital, highlighted the significance of this agreement, emphasizing the value of their technology for the consumer electronics market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
-
Rhea-AI Summary
InterDigital, Inc. (Nasdaq: IDCC) to present at 26th Annual Needham Growth Conference on January 18th, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
Rhea-AI Summary
InterDigital, Inc. (Nasdaq: IDCC) renews patent license agreements with Panasonic Entertainment & Communication Co., Ltd., extending Panasonic’s license under InterDigital’s HEVC patents and digital TV license under joint licensing program with Sony. Chief Licensing Officer, Eeva Hakoranta, expresses gratification and validates the quality of the video portfolio and innovation in today’s TV market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
-
Rhea-AI Summary
InterDigital, Inc. (Nasdaq: IDCC) has been awarded an injunction against OPPO, Realme, and OnePlus by a court in Germany for infringing on InterDigital's 5G patent. The court ruled in favor of InterDigital, stating that the company has acted in a FRAND manner and that the defendants are unwilling licensees. This victory showcases InterDigital's innovation and leadership in licensing standardized technologies like 5G.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
-
Rhea-AI Summary
InterDigital, Inc. (Nasdaq: IDCC) has increased its existing share repurchase program by approximately $235 million to a total of $300 million, effective December 1, 2023. The company's Board of Directors has authorized this increase, which will depend on prevailing market conditions and other factors. Repurchases will be made using the company's cash resources, and the program may be commenced or suspended at the company's discretion without prior notice.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
Rhea-AI Summary
InterDigital, Inc. (Nasdaq: IDCC) commissioned a report by Futuresource, highlighting HEVC as the leading codec for high-quality streaming content. The report discusses HEVC's development, its role in delivering HD and UHD/4K streaming video, and its increased usage by streaming giants like Amazon Prime, Apple TV+, Netflix, Hulu, Disney, NBC, Paramount, and Warner Bros. The addressable market for HEVC-supported devices is expected to expand to ten billion by 2030, indicating significant growth potential.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
-
Rhea-AI Summary
InterDigital, Inc. (Nasdaq: IDCC) announced the election of Joseph Levy, Principal Engineer, to serve as a voting member of the IEEE Standards Association Board of Governors for a two-year term from 2024 to 2025. IEEE is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. The Board of Governors directs the IEEE SA in establishing policy, providing financial oversight, and managing all IEEE standards-related activities. Joseph Levy's election reflects his deep engagement in IEEE standards activities and demonstrated commitment to global standards, as stated by InterDigital Chief Technology Officer Rajesh Pankaj.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
-
Rhea-AI Summary
InterDigital, Inc. (Nasdaq: IDCC) announced the election of Dr. Alain Mourad, Head of Wireless Lab Europe, to serve on the ETSI Board for the 2024-2026 mandate. ETSI is a European Standards Organization responsible for telecommunications, broadcasting, and electronic communications networks and services. Alain Mourad's election reflects his leadership capabilities and technical expertise, especially in the context of 6G technology development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
Rhea-AI Summary
InterDigital, Inc. (Nasdaq: IDCC) declares a regular quarterly cash dividend of $0.40 per share on its common stock, payable on January 24, 2024, to shareholders of record at the close of business on January 10, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
InterDigital, Inc.
Nasdaq:IDCC
IDCC Rankings
IDCC Stock Data
2.66B
24.93M
1.42%
102.32%
17.02%
Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
Real Estate and Rental and Leasing
United States of America
WILMINGTON
About IDCC
interdigital develops fundamental wireless technologies that are at the core of mobile devices, networks, and services worldwide. advanced solutions from interdigital support the development of more efficient wireless networks, a richer multimedia experience, and new mobile broadband capabilities for billions of consumers globally. interdigital is addressing the wireless bandwidth crunch and network optimization by focusing on three comprehensive areas of bandwidth innovations: spectrum optimization, cross-network connectivity and mobility, and intelligent data delivery techniques. interdigital invites market participants in the wireless eco-system to collaborate on integrating its advanced enabling technologies into products and services for field testing and commercial deployment.