InterDigital, Inc. - IDCC STOCK NEWS

InterDigital announces that Alan Carlton will present “Introduction to 6G” at the Broadcast Techfest on October 15, 2020. This event focuses on innovation in media production and connectivity technologies. Carlton's 25+ years in the wireless industry will guide his insights on the 6G technology roadmap, addressing the challenges posed by immersive experiences on current wireless networks. The presentation precedes InterDigital’s inaugural 6G Symposium, which aims to define the future of 6G through discussions with industry leaders.

InterDigital, a mobile and video technology company, and the Institute for the Wireless Internet of Things at Northeastern University will host the inaugural 6G Symposium on October 20-21, 2020. This virtual conference will feature FCC Chairman Ajit Pai and NIST Director Dr. Walter G. Copan as headline speakers. Discussions will focus on U.S. initiatives related to Beyond 5G and 6G technologies, highlighting spectrum policy and government research efforts. The event aims to unite industry leaders in shaping the future of wireless communication.

InterDigital (NASDAQ:IDCC) will release its Q3 2020 financial results on November 5, 2020, before market open. A conference call will follow at 10:00 a.m. ET to discuss the results. Investors can access a live webcast on the company’s website. For those preferring telephone access, calls can be made to +1 (800) 367-2403 (U.S. and Canada) or +1 (334) 777-6978 (international) by 9:50 a.m. ET on the same day. Replays of the conference call will be available online and via telephone after the call concludes.

InterDigital, listed on NASDAQ under IDCC, announced its participation in the Sidoti Virtual Investor Conference scheduled for September 24, 2020, at 10:45 AM ET. The event will be accessible via live webcast, with a replay available post-conference. Founded in 1972, InterDigital specializes in mobile and video technologies, addressing critical industry challenges and enhancing broadband networks and multimedia experiences. The company holds strategic partnerships with leading tech firms and is part of the S&P MidCap 400 index.

InterDigital, Inc. (NASDAQ: IDCC) has launched CompressAI, an open-source software platform designed to accelerate AI-driven video compression research. By automating complex processes, CompressAI enables researchers to quickly develop and evaluate AI-based codecs essential for next-generation video standards. Key features include data management, specialized neural network layers, pre-trained models, and benchmarking tools to assess codec performance. The platform is publicly accessible on GitHub, supporting global research efforts to enhance video compression capabilities amidst increasing demands for high-quality streaming.

InterDigital, Inc. (NASDAQ: IDCC) announced a quarterly cash dividend of $0.35 per share on September 10, 2020. This dividend will be payable on October 28, 2020 to shareholders recorded by the close of business on October 14, 2020. InterDigital is recognized for developing mobile and video technologies essential for devices and networks worldwide, being a key player in addressing complex technical challenges. The company is listed on NASDAQ and is part of the S&P MidCap 400 index.

InterDigital (NASDAQ: IDCC) and Northeastern University's WIOT Institute announce the inaugural 6G Symposium, scheduled for October 20-21, 2020. The virtual event aims to engage leaders in discussing the future of 6G technology, featuring keynotes from industry experts like Dr. Thyaga Nandagopal and Dr. Mazin Gilbert. Participants include major companies and research organizations, emphasizing the need for collaboration in developing 6G. The symposium aims to build awareness and define key performance indicators for next-gen wireless technology.

InterDigital, Inc. (NASDAQ: IDCC) announced its revenue guidance for Q3 2020, projecting total revenue between $83 million and $88 million, which includes $1 million to $2 million in non-recurring revenue. This guidance does not account for the impact of any new patent licenses, technology solutions, or disputes that may arise before the quarter's end. The company specializes in developing mobile and video technologies, holding strategic relationships with major tech firms.

InterDigital, Inc. (NASDAQ:IDCC) reported strong second quarter results for 2020, with recurring revenue hitting $85.2 million, a 15% increase from $74.4 million in 2019. Total revenue rose to $104.5 million due to new patent agreements, notably with Huawei. Net income surged to $22.3 million ($0.72 per share), up from $7.7 million ($0.24 per share) the previous year. Operating expenses increased to $72.6 million, including $2.9 million in one-time charges. Cash provided by operating activities was $69.8 million, compared to cash used last year, marking a solid financial performance during the pandemic.