tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

InterDigital raises Q3 EPS view to $2.08-$2.27 from $1.52-$1.72, consensus $1.29

Raises Q3 revenue view to $155M-$159M from $136M-$140M, consensus $145.73M. Raises Q3 adjusted EBITDA view to $91M-$97M from $69M-$75M. InterDigital (IDCC) announced that it has signed a new license agreement with a major Chinese smartphone vendor and has raised its outlook for third quarter 2025. “This new license agreement, which was concluded through amicable negotiation, adds another major smartphone player to our customer base and increases our projected annualized recurring revenue by approximately $26 million to a record $579 million,” commented Liren Chen, CEO and President, InterDigital. “Following our $1 billion deal with Samsung, we continue our track record of strong execution across the business and delivering long-term shareholder value.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1