InterDigital, Inc. (IDCC)
Market Cap | 2.55B |
Revenue (ttm) | 549.59M |
Net Income (ttm) | 214.07M |
Shares Out | 25.49M |
EPS (ttm) | 7.62 |
PE Ratio | 13.11 |
Forward PE | 17.15 |
Dividend | $1.60 (1.60%) |
Ex-Dividend Date | Apr 9, 2024 |
Volume | 282,339 |
Open | 98.36 |
Previous Close | 99.66 |
Day's Range | 98.36 - 100.27 |
52-Week Range | 66.82 - 119.86 |
Beta | 1.34 |
Analysts | Hold |
Price Target | 100.00 (+0.09%) |
Earnings Date | May 2, 2024 |
About IDCC
InterDigital, Inc. operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based ... [Read more]
Financial Performance
In 2023, InterDigital's revenue was $549.59 million, an increase of 20.05% compared to the previous year's $457.79 million. Earnings were $214.07 million, an increase of 128.48%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for IDCC stock is "Hold." The 12-month stock price forecast is $100.0, which is an increase of 0.09% from the latest price.
News
New Report Pins 6G Success on Novel Benchmarks Extending Beyond Speed, Latency, and Mobility
New InterDigital/ABI Research report outlines enhanced capabilities of 6G, including integrated sensing and comms, native AI, and ubiquitous connectivity.
InterDigital Announces Date for First Quarter 2024 Financial Results
WILMINGTON, Del. , April 19, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will relea...
InterDigital and Concordia University Announce Research Collaboration on AI-enabled Immersive Media Delivery over 5G Networks
WILMINGTON, Del., April 15, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, and Concordia University's Intelligent Next ...
InterDigital Announces Convertibility of 3.50% Senior Convertible Notes Due 2027
WILMINGTON, Del., April 04, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, announced today that, pursuant to the terms of t...
Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month - Dropbox (NASDAQ:DBX), Digital Turbine (NASDAQ:APPS)
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InterDigital to Showcase Innovations in High Definition and Sustainable Video Streaming Alongside Partners at NAB 2024
InterDigital's sustainable video solutions to be displayed at NAB alongside partners at ATSC, Advanced HDR by Technicolor, and Ultra HD Forum locations
InterDigital Declares Regular Quarterly Cash Dividend
WILMINGTON, Del., March 20, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors ...
InterDigital's Xiaofei Wang Appointed Chair of the IEEE 802.11 Artificial Intelligence and Machine Learning (AIML) Standing Committee
WILMINGTON, Del., March 20, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, applauded the appointment of Xiaofei Wang to...
Interdigital to Speak at the 36th Annual Roth Conference
WILMINGTON, Del., March 11, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will be par...
InterDigital's Atle Monrad Elected Chair of 3GPP's SA6 Working Group
InterDigital's Atle Monrad elected to Chair 3GPP SA6 working group responsible for critical communication and application enablement for vertical markets.
InterDigital Honors Wireless and Video Innovation Leaders Michael Starsinic and Fabrice Le Léannec as Inventors of the Year
InterDigital's Michael Starsinic and Fabrice Le Léannec honored for outstanding innovations contributing to wireless evolution and improved video delivery
Keysight and InterDigital to Demonstrate AI in 6G Systems at Mobile World Congress 2024
SANTA ROSA, Calif.--(BUSINESS WIRE)---- $KEYS #5G--Keysight Technologies, Inc. (NYSE: KEYS) has collaborated with mobile, video and AI technology research and development company InterDigital Inc. (Na...
At MWC, InterDigital to Showcase Innovation Empowering Connected Experiences ‘At Work, At Rest, and At Play'
WILMINGTON, Del., Feb. 19, 2024 (GLOBE NEWSWIRE) -- As the boundaries between physical, digital, and virtual worlds are increasingly blurred, InterDigital innovation in wireless, video, and AI plays a...
InterDigital Reports Fourth Quarter and Full Year 2023 Financial Results
Revenue growth of 20%, significant margin expansion and record return of capital highlight 2023 results
InterDigital and Broadpeak Announce Collaboration on MPEG V3C Standardized Content Distribution At Scale
WILMINGTON, Del., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Today, InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, and Broadpeak (Euronext Growth: ALBPK)...
InterDigital appoints Ken Kaskoun as Chief Growth Officer
WILMINGTON, Del., Feb. 12, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that Ken Kaskoun has been app...
InterDigital Joins Princeton University's NextG Corporate Program
WILMINGTON, Del., Jan. 24, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company has announced that it has joined Princeton Univers...
InterDigital Issues Preliminary Financial Results for Fourth Quarter 2023 and Outlook for First Quarter 2024
WILMINGTON, Del., Jan. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced selected unaudited preliminary fi...
InterDigital signs new license agreement with Samsung Electronics
WILMINGTON, Del., Jan. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that the company has signed a new...
InterDigital to Present at the 26th Annual Needham Growth Conference
WILMINGTON, Del., Jan. 11, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that the company will be presenti...
InterDigital renews license agreements with Panasonic Entertainment & Communication Co., Ltd.
WILMINGTON, Del., Jan. 10, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that the company has renewed its ...
InterDigital Increases Share Repurchase Authorization to $300 Million
WILMINGTON, Del., Dec. 06, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that the company's Board of Direc...
New Report Highlights Impact of HEVC Codec on Streaming Industry
Report from Futuresource explains how HEVC is forecast to become the leading codec to support high-quality streaming content Report from Futuresource explains how HEVC is forecast to become the leadin...
InterDigital's Joseph Levy Elected to the IEEE Board of Governors
WILMINGTON, Del., Dec. 05, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, announced the election of Joseph Levy, Principal ...
InterDigital's Alain Mourad Elected to ETSI Board
WILMINGTON, Del., Dec. 04, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, announced the election of Dr. Alain Mourad, Head ...