IDCC Stock Recent News

Healthy demand for hybrid cloud and AI solutions with a client-focused portfolio and broad-based growth help IBM to beat fourth-quarter earnings estimate.

In the latest trading session, InterDigital (IDCC) closed at $106.42, marking a +1.57% move from the previous day.

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IBM's Software segment is expected to have recorded higher revenues year over year in the fourth quarter, driven by growing demand for its AI native solution suite and product innovation.

IBM's Consulting segment is likely to report higher revenues year over year in the fourth quarter, backed by growing demand for technology consulting services across various industries.

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 (IDCC) expects Q4, 2023 revenues in line with guidance with improvement in the net income. The new license agreement with Samsung will likely boost the top line in the first quarter of 2024.

In the most recent trading session, InterDigital (IDCC) closed at $103.86, indicating a +0.48% shift from the previous trading day.

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 presenting at the 26th Annual Needham Growth Conference on Thursday, January 18th, 2024, at 3:00 PM ET.

InterDigital's (IDCC) patent renewal agreement will enable Panasonic to strengthen its rich portfolio of assets in wireless technologies to better serve its customers.