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InterDigital Inc Issues Q4 2013 Revenue Guidance In Line With Analysts' Estimates

Monday, 4 Nov 2013 08:30am EST 

InterDigital Inc announced that it expects its total fourth quarter 2013 revenue to be between $80 million and $83 million. The revenue guidance for fourth quarter 2013 includes $53 million to $56 million of current revenue, as well as approximately $27 million of past sales revenue that primarily result from the interplay between awards received under two separate customer arbitrations. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $81 million for the fourth quarter of 2013.