IDCC Stock Recent News

Strong business performance drove record revenue and EPS in 2024. Increased quarterly dividend by 33% Strong business performance drove record revenue and EPS in 2024. Increased quarterly dividend by 33%

WILMINGTON, Del., Feb. 06, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has approved an increase in the company's quarterly cash dividend from $0.45 to $0.60 per share.

InterDigital (IDCC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

With solid demand for advanced networking architecture for increased broadband usage, the Zacks Wireless Equipment industry is likely to witness a healthy growth curve. QCOM, MSI and IDCC are set to thrive despite the near-term challenges.

InterDigital is expected to record top-line growth in the fourth quarter, driven by healthy demand for its patent portfolio and a strong focus on innovation.

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WILMINGTON, Del., Feb. 03, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it has initiated litigation against The Walt Disney Company, including Disney+, Hulu and ESPN+, over their ongoing infringement of InterDigital's intellectual property.

WILMINGTON, Del., Jan. 23, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will release its fourth quarter 2024 financial results before the market open on Thursday, February 6, 2025.

InterDigital (IDCC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

InterDigital's strategic licensing deals and leadership in AI-driven video technologies and wireless connectivity position it for sustained growth, despite analysts' pessimism. The company's strong presence in the global smartphone market and new agreements with major OEMs like OPPO and Panasonic bolster its revenue prospects. Financially, InterDigital is robust, with rising revenue, attractive valuation, and consistent free cash flow, making it an undervalued investment opportunity.