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 and Philips will showcase their volumetric streaming technologies at AWE USA 2024, scheduled from June 18 – 20 in Long Beach, California. InterDigital, a leader in mobile, video, and AI technology, collaborates with Philips to present innovations in volumetric video codecs and streaming, enhancing immersivity in live and eSports content. These technologies allow the capture and streaming of 3D representations of real-world scenes, requiring advanced compression standards like MPEG V3C. Their showcase will highlight contributions to video standards and the delivery of volumetric content, utilizing InterDigital’s and Philips’ expertise in immersive video solutions. Their implementation will soon be available in the 5G-MAG Reference Tools repositories. InterDigital’s and Philips’ executives will also present a talk on immersive sports experiences on June 19.
InterDigital (Nasdaq: IDCC) has announced a regular quarterly cash dividend of $0.40 per share. This dividend will be payable on July 24, 2024, to shareholders who are on record by the close of business on July 10, 2024.
The announcement was made by the company's Board of Directors and highlights InterDigital's commitment to returning value to its shareholders.
InterDigital (Nasdaq: IDCC) announced its participation in two upcoming investor events. The company will present at the William Blair 44th Annual Growth Stock Conference on June 4, 2024, at 4:20 PM ET, and at the 14th Annual East Coast IDEAS Investor Conference on June 12, 2024, at 4:10 PM ET. Both events will be webcast live with archived replays available afterward. For more details, visit the Investors section of the company's website.
InterDigital, a technology research company, was awarded an injunction against Lenovo by a court in Germany for patent infringement related to 4G and 5G devices. The court found InterDigital's actions FRAND compliant, while labeling Lenovo as an unwilling licensee not adhering to FRAND principles. This decision is subject to appeal.
InterDigital, Inc. (Nasdaq: IDCC) announced its first quarter 2024 financial results, showing a 30% increase in revenue year-over-year, reaching $264 million. The company reported record revenue from Consumer Electronics and IoT licensing, with a landmark agreement with Samsung totaling nearly $2.7 billion over three years. The company reaffirmed its full-year 2024 revenue guidance of $620-$670 million. Despite revenue growth, net income and EPS declined compared to Q1 2023.
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