IDCC - Why InterDigital Shares Are Rising Today | Benzinga
InterDigital, Inc. (NASDAQ:IDCC) shares are trading higher on Tuesday after the company issued preliminary results for the fourth quarter, with an outlook for the first quarter (Q1) of 2024.
For the fourth quarter, the company said it expects total revenue to be approximately $105 million, composed primarily of recurring revenue and in line with prior guidance. The street view stands at $104.2 million.
Non-GAAP diluted ...