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Update: InterDigital Shares Jump After Q4 Results Beat Estimates
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Update: InterDigital Shares Jump After Q4 Results Beat Estimates
Feb 6, 2025 10:18 AM

01:00 PM EST, 02/06/2025 (MT Newswires) -- (Updates with stock price movement in the headline and the first paragraph.)

InterDigital (IDCC) shares jumped nearly 15% in recent Thursday trading after the company reported Q4 results that beat estimates.

The company reported Q4 adjusted earnings of $5.15 per diluted share, up from $1.41 a year earlier.

Analysts polled by FactSet expected $4.98.

Revenue for the quarter ended Dec. 31 was $252.8 million compared with $105.5 million a year earlier.

Analysts surveyed by FactSet expected $244.2 million.

For Q1, the company expects adjusted diluted earnings of $1.19 to $1.42 on revenue of $112 million to $116 million. Analysts surveyed by FactSet expect adjusted earnings of $1.55 per diluted share on revenue of 130.5 million.

The company said it expects 2025 adjusted diluted earnings per share of $9.69 to $12.92. Analysts surveyed by FactSet expect $6.36. The company expects revenue for the year of $660 million to $760 million. Analysts polled by FactSet expect $533 million.

Price: 209.01, Change: +26.51, Percent Change: +14.53

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