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Wireless

Interdigital FY revenues rise 28% despite Q4 slip

Friday 20 February 2015 | 11:27 CET | News
Licensing company Interdigital said fourth quarter revenues slipped to USD 86.1 million from 99.7 million the year before. The net profit went to USD 13.8 million or USD 0.36 per diluted share, from 14.5 million or 0.35 per diluted share. Free cash flow amounted to USD 43.5 million, mainly due to new license agreements. For the full year, revenues rose 28 percent year-on-year to USD 325.4 million while the net profit lifted to USD 104.3 million from 38.2 million, boosted by flat expenses. For the first quarter, CFO Richard Brezski is guiding for revenues of USD 107-110 million driven in part

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Categories: Mobile & Wireless / Mobile & Wireless
Companies: InterDigital
Countries: World
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