InterDigital (IDCC) Tops Q2 Earnings and Revenue Estimates
IDCCInterDigital(IDCC) ZACKS·2024-08-01 22:46

InterDigital (IDCC) came out with quarterly earnings of 4.57pershare,beatingtheZacksConsensusEstimateof4.57 per share, beating the Zacks Consensus Estimate of 0.74 per share. This compares to earnings of 1.30pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof517.571.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 517.57%. A quarter ago, it was expected that this wireless research and development company would post earnings of 3.37 per share when it actually produced earnings of $3.58, delivering a surprise of 6.23%.Over the l ...