0
Wireless

Interdigital Q1 revenues nearly double

Thursday 30 April 2015 | 17:30 CET | News
Licensing company Interdigital reported first-quarter revenue of USD 110.4 million, nearly double the USD 57.8 million a year earlier. The increase was primarily attributable to its Q2 2014 agreement with Samsung and other new 2014 licensees, and an increase in per-unit royalties due to an increase in shipments by Pegatron and other Taiwan-based licensees. After only a small increase in operating expenses, Interdigital moved to a net profit of USD 29.1 million or USD 0.78 per diluted share, from a net loss of USD 1.9 million or USD 0.05 per share a year ago. The company used USD 7.5 million

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: InterDigital / Pegatron / Samsung
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Interdigital guides for Q2 revenues of USD 89-91 mln

Published 12 May 2015 09:31 CET | World
Licensing company Interdigital said it expects second quarter revenues at USD 89-91 million, made up mainly of organic revenue. ...

InterDigital prevails in ITC action against Microsoft, Nokia

Published 28 Apr 2015 14:30 CET | United States
The US International Trade Commission (ITC) has issued an initial ruling in favour of licensing company InterDigital in its ...

Court finds no ZTE infringement of InterDigital '151' patent

Published 23 Apr 2015 09:46 CET | United States
A US court has found no infringement on the part of ZTE of InterDigital's "151" patent. The US District Court for Delaware made ...

InterDigital sponsors new wireless communications lab in US

Published 08 Apr 2015 09:40 CET | United States
InterDigital, a mobile technology research and development company, announced its most recent effort to drive greater support for ...

InterDigital secures 5GPPP project win

Published 24 Mar 2015 16:00 CET | Europe
InterDigital, a mobile research and development company, announced that its subsidiary InterDigital Europe has secured a ...

InterDigital prices USD 275 mln senior notes offering

Published 06 Mar 2015 13:27 CET | World
Licensing company InterDigital has priced its private offering of USD 275 million worth of 1.50 percent senior convertible notes ...

Interdigital FY revenues rise 28% despite Q4 slip

Published 20 Feb 2015 11:27 CET | World
Licensing company Interdigital said fourth quarter revenues slipped to USD 86.1 million from 99.7 million the year before. The ...