InterDigital Q2 Adj. EPS $4.62 Beats $0.91 Estimate, Sales $260.170M Beat $143.050M Estimate
InterDigital (NASDAQ:IDCC) reported quarterly earnings of $4.62 per share which beat the analyst consensus estimate of $0.91 by 407.69 percent. This is a 29.14 percent decrease over earnings of $6.52 per share from the
InterDigital made way more money than experts thought it would—their earnings were about five times bigger than expected. This shows the company is doing really well right now, which is good to watch when thinking about whether it's a strong business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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