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InterDigital, Inc. - IDCC STOCK NEWS

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 pioneering research and development company renowned for creating fundamental wireless technologies integral to mobile devices, networks, and services worldwide. Established in 1972, the company focuses on the development of wireless, video, and Artificial Intelligence (AI) technologies.

InterDigital’s advanced solutions play a crucial role in supporting the creation of more efficient wireless networks, enhancing multimedia experiences, and bringing new mobile broadband capabilities to billions of consumers globally. Their core business revolves around addressing the wireless bandwidth crunch and optimizing network performance through three key areas of innovation: spectrum optimization, cross-network connectivity and mobility, and intelligent data delivery techniques.

The company's technology portfolio includes substantial contributions to 5G networks and beyond, ensuring high-efficiency broadband and high-quality video delivery. In addition, InterDigital is at the forefront of AI advancements, integrating these technologies into wireless networks and multimedia delivery to create connected and immersive user experiences.

InterDigital generates the majority of its revenue from fixed-fee patent license agreements, complemented by variable royalty agreements. Geographically, their operations span the United States, China, South Korea, Japan, Taiwan, and Europe, with China being the largest market.

Recent achievements include the release of their Q4 2023 preliminary results and insightful forecasts for Q1 2024. The company's strategic licensing agreement with Samsung for video IP is expected to drive significant financial growth, with anticipated FY24 revenue ranging between $620 million and $670 million.

InterDigital actively collaborates with market participants in the wireless ecosystem to integrate its advanced technologies for field testing and commercial deployment. Their recent partnership with Broadpeak to advance volumetric content distribution exemplifies their commitment to innovation and industry collaboration.

For continuous updates and more information, visit their official website at www.interdigital.com.

News

InterDigital’s Milind Kulkarni to Outline the 5G Journey to 6G Evolution at Mobile World Congress Las Vegas

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InterDigital VP to speak at the MWC LV “Envisioning a 6G Future” conference session
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InterDigital Announces Increase of Regular Quarterly Cash Dividend

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InterDigital increases quarterly cash dividend from $0.35 to $0.40 per share.
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InterDigital to Showcase Energy Aware Video Solutions and Critical Codec Contributions at IBC 2023

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InterDigital, Inc. will showcase innovative video solutions at IBC, including energy-aware media technologies that reduce screen energy consumption. They will demonstrate a 40% reduction in bitrate on streamed video with no decrease in image quality using the VVC codec. They will also showcase Pixel Value Reduction (PVR) solutions that reduce brightness while maintaining visual quality. InterDigital's contributions to Advanced HDR solutions will be highlighted as well. Overall, these innovations have the potential to generate significant energy savings and enhance the consumer viewing experience.
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InterDigital’s Diana Pani Elected to Chair 3GPP RAN2

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Diana Pani elected as Chair of 3GPP's RAN2, the first woman in history to hold this role
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InterDigital Announces Financial Results for Second Quarter 2023

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InterDigital, Inc. (Nasdaq: IDCC) announced its Q2 2023 results, reporting a total revenue of $101.6 million, a decrease of 19% compared to Q2 2022. The company's recurring revenue was $99.1 million, a decrease of 1%. Operating expenses increased by 5% to $78.2 million. Net income increased by 3% to $21.8 million, with a net income margin of 21%. Diluted earnings per share increased by 14% to $0.79. InterDigital repurchased $42.5 million worth of shares during the quarter. The company provided its near-term outlook for Q3 2023, with revenue expected to be between $97 million and $100 million, operating expenses between $78 million and $81 million, net income between $17 million and $20 million, and adjusted EBITDA between $47 million and $50 million.
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New Report Reveals Critical Innovation and Standardization Enabling XR Experiences

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InterDigital, Inc. (IDCC) commissioned a white paper by ABI Research, detailing the standards, solutions, and emerging challenges shaping new extended reality (XR) opportunities. The report emphasizes the importance of wireless and video innovation for seamless XR experiences and discusses improvements in device hardware, content capture, encoding, and XR-specific content distribution capabilities. It also highlights the role of standards in ensuring compatibility and combating technology fragmentation across various devices, networks, and systems.
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InterDigital Announces Date for Second Quarter 2023 Financial Results

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InterDigital, Inc. (Nasdaq: IDCC) to release second quarter 2023 financial results on August 3, 2023. Executives to host conference call at 10:00 a.m. ET. Internet webcast and telephone access available for participants. Replay to be available on company website for one year.
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InterDigital named one of the Top 100 leaders in sustainable innovation

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UK court issues interest award to InterDigital, increasing Lenovo’s payment obligation to $184.9 million

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InterDigital and the University of Surrey Formalize 6G Research Partnership

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FAQ

What is the current stock price of InterDigital (IDCC)?

The current stock price of InterDigital (IDCC) is $192.09 as of December 24, 2024.

What is the market cap of InterDigital (IDCC)?

The market cap of InterDigital (IDCC) is approximately 4.9B.

What is InterDigital, Inc. known for?

InterDigital, Inc. is known for developing core wireless technologies essential for mobile devices, networks, and services worldwide.

What are the main business areas of InterDigital?

InterDigital focuses on wireless, video, and Artificial Intelligence technologies, addressing spectrum optimization, cross-network connectivity and mobility, and intelligent data delivery.

Where does InterDigital generate most of its revenue?

The majority of InterDigital's revenue comes from fixed-fee patent license agreements, with a smaller portion from variable royalty agreements.

What recent partnerships has InterDigital announced?

InterDigital recently announced a collaboration with Broadpeak to advance volumetric content distribution and a strategic patent licensing agreement with Samsung for video IP.

In which regions does InterDigital operate?

InterDigital operates in the United States, China, South Korea, Japan, Taiwan, and Europe, with China being the largest market.

What is InterDigital's outlook for Q1 2024?

InterDigital's Q1 2024 outlook is based on existing licenses and does not include any new agreements that may be signed during the quarter.

What are the key areas of innovation for InterDigital?

InterDigital focuses on three key areas of innovation: spectrum optimization, cross-network connectivity and mobility, and intelligent data delivery techniques.

How does InterDigital contribute to the 5G technology advancement?

InterDigital's engineers have designed and developed innovations used in wireless products and networks, including significant contributions to 5G and advanced Wi-Fi technologies.

What type of collaborations does InterDigital engage in?

InterDigital collaborates with market participants in the wireless ecosystem to integrate its advanced technologies for field testing and commercial deployment.

Where can I find more information about InterDigital's technologies and projects?

For more information about InterDigital's technologies and projects, visit their official website at www.interdigital.com.

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InterDigital, Inc.

Nasdaq:IDCC

IDCC Rankings

#1308 Ranked by Market Cap
#1849 Ranked by Dividends

IDCC Stock Data

4.87B
25.01M
1.26%
109.21%
12.68%
Software - Application
Patent Owners & Lessors
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United States of America
WILMINGTON