InterDigital (IDCC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
IDCCInterDigital(IDCC) Zacks Investment Research·2024-05-02 23:31

For the quarter ended March 2024, InterDigital (IDCC) reported revenue of 263.54million,up30.2263.54 million, up 30.2% over the same period last year. EPS came in at 3.58, compared to 4.21intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof+5.364.21 in the year-ago quarter. The reported revenue represents a surprise of +5.36% over the Zacks Consensus Estimate of 250.15 million. With the consensus EPS estimate being $3.37, the EPS surprise was +6.23%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...