InterDigital Shares Surge to Record High on Stellar Earnings and Major Licensing Deals

InterDigital shares have surged to a new 52-week peak, continuing a remarkable upward trajectory. The stock advanced 4.2% to reach $296.89, propelled by exceptional quarterly results, a significantly upgraded annual outlook, and the finalization of a billion-dollar intellectual property agreement.

The company’s financial performance for the second quarter of fiscal 2025 was nothing short of extraordinary. InterDigital reported revenue of $300.6 million, a substantial 34% increase that dramatically surpassed analyst expectations of $167.93 million. Earnings per share reached $5.35 on a GAAP basis, while non-GAAP EPS came in at $6.52?both figures far exceeding the consensus estimate of $2.77.

This impressive performance prompted management to substantially raise full-year financial guidance. The company now anticipates:
* Revenue between $790 million and $850 million, representing an increase of approximately $110 million... Read more...