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InterDigital Inc (IDCC.OQ)

IDCC.OQ on NASDAQ Stock Exchange Global Select Market

85.40USD
15 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Interdigital Announces Conversion Rate Adjustment To And Convertibility Of 1.50 PCT Senior Convertible Notes
Monday, 5 Mar 2018 04:30pm EST 

March 5 (Reuters) - Interdigital Inc ::INTERDIGITAL ANNOUNCES CONVERSION RATE ADJUSTMENT TO AND CONVERTIBILITY OF 1.50PCT SENIOR CONVERTIBLE NOTES DUE 2020.INTERDIGITAL - PLANS TO EFFECT CORPORATE RESTRUCTURING WHEREBY CO TO CREATE NEW FIRST-TIER UNIT CORP WHICH IN TURN WILL CREATE NEW DIRECT UNIT CORP.INTERDIGITAL INC - MERGER SUB TO MERGE WITH AND INTO CO, AS A RESULT OF WHICH COMPANY WILL BECOME A DIRECT WHOLLY OWNED SUBSIDIARY OF HOLDCO.INTERDIGITAL INC - EACH OUTSTANDING SHARE OF COMMON STOCK OF COMPANY WILL BE EXCHANGED FOR SHARES OF COMMON STOCK OF HOLDCO.INTERDIGITAL INC - REORGANIZATION IS EXPECTED TO BE EFFECTED ON APRIL 3, 2018.INTERDIGITAL INC - CONVERSION RATE FOR NOTES DUE 2020 HAS BEEN INCREASED TO 13.9392 SHARES OF CO'S COMMON STOCK PER $1,000 PRINCIPAL AMOUNT OF NOTES.  Full Article

InterDigital Makes Binding Offer To Buy Technicolor’s Patent Licensing Business
Thursday, 1 Mar 2018 01:00pm EST 

March 1 (Reuters) - InterDigital Inc ::INTERDIGITAL MAKES BINDING OFFER TO ACQUIRE TECHNICOLOR’S PATENT LICENSING BUSINESS, WILL COLLABORATE WITH TECHNICOLOR ON VIDEO RESEARCH.INTERDIGITAL INC - ‍MADE A BINDING OFFER TO PURCHASE PATENT LICENSING BUSINESS OF TECHNICOLOR FOR $150 MILLION IN CASH PLUS FUTURE CONTINGENT CONSIDERATION​.INTERDIGITAL INC - ALSO EXPECTS NET IMPACT OF TRANSACTION ON ITS CORE OPERATING EXPENSES TO BE MODEST​.INTERDIGITAL- TECHNICOLOR TO RECEIVE 42.5% OF ALL FUTURE CASH RECEIPTS FROM CO'S NEW LICENSING EFFORTS IN CONSUMER ELECTRONICS FIELD.INTERDIGITAL - UNDER DEAL, THERE IS NO REVENUE SHARING ASSOCIATED WITH CO'S MOBILE INDUSTRY LICENSING EFFORTS.INTERDIGITAL INC - ‍AS PART OF DEAL, CO WOULD ALSO GRANT BACK TO TECHNICOLOR A PERPETUAL LICENSE FOR PATENTS ACQUIRED IN TRANSACTION​.INTERDIGITAL INC - ‍WILL BUY TECHNICOLOR'S PORTFOLIO OF MORE THAN 21,000 PATENTS, APPLICATIONS, INCLUDING OVER 2,500 WORLDWIDE VIDEO CODING PATENTS.  Full Article

InterDigital Reports Q4 Earnings Per Share $1.48
Thursday, 22 Feb 2018 08:30am EST 

Feb 22 (Reuters) - InterDigital Inc ::INTERDIGITAL REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 EARNINGS PER SHARE $1.48.Q4 REVENUE $205.3 MILLION VERSUS $273.9 MILLION.SEES Q1 2018 REVENUE $66 MILLION TO $71 MILLION.IN QUARTER, RECORDED $42.6 MILLION CHARGE TO REVALUE NET DEFERRED TAX ASSETS DUE TO 2017 TAX CUT AND JOBS ACT.IN CONJUNCTION WITH ADOPTING ASC 606, CO EXPECTS TO RECORD AN ADDITIONAL $5 MILLION NON-CASH INTEREST EXPENSE IN Q1 2018.Q4 REVENUE VIEW $191.4 MILLION -- THOMSON REUTERS I/B/E/S.Q1 REVENUE VIEW $75.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Interdigital Says Certain Units Of Co Entered Settlement Agreement With Pegatron Corp​
Tuesday, 16 Jan 2018 04:43pm EST 

Jan 16 (Reuters) - Interdigital Inc ::INTERDIGITAL INC - ‍ON JAN. 16, 2018, CERTAIN UNITS OF CO ENTERED INTO AN AMENDED PATENT LICENSE AGREEMENT AND SETTLEMENT AGREEMENT WITH PEGATRON CORP​.INTERDIGITAL- PARTIES AMENDED CERTAIN TERMS OF EXISTING 2008 PATENT LICENSE AGREEMENT, AGREED TO RESOLVE ALL OF THEIR EXISTING DISPUTES - SEC FILING​.INTERDIGITAL INC - ‍PARTIES HAVE AGREED TO DISCUSS POTENTIAL RESEARCH AND DEVELOPMENT OR OTHER TECHNICAL COLLABORATION BETWEEN PARTIES​.  Full Article

Interdigital Sees Q4 2017 Revenue $180 Mln To $210 Mln
Monday, 4 Dec 2017 09:00am EST 

Dec 4 (Reuters) - Interdigital Inc ::INTERDIGITAL UPDATES REVENUE GUIDANCE FOR FOURTH QUARTER 2017.SEES Q4 2017 REVENUE $180 MILLION TO $210 MILLION.  Full Article

InterDigital And LG Electronics Sign Multi-Year Patent License Agreement
Monday, 4 Dec 2017 08:30am EST 

Dec 4 (Reuters) - Lg Electronics Inc <066570.KS>::INTERDIGITAL AND LG ELECTRONICS, INC. SIGN MULTI-YEAR PATENT LICENSE AGREEMENT.INTERDIGITAL INC - ‍ PATENT LICENSING SUBSIDIARIES HAVE SIGNED A MULTI-YEAR, WORLDWIDE, NON-EXCLUSIVE PATENT LICENSE WITH LG ELECTRONICS​.INTERDIGITAL INC - ‍AGREEMENT COVERS 3G, 4G AND 5G TERMINAL UNIT PRODUCTS OF LG AND ITS AFFILIATES AND SETS FORTH A ROYALTY OF CASH PAYMENTS TO CO​.INTERDIGITAL INC - ‍ AGREEMENT ALSO COVERS A PROCESS FOR TRANSFER OF PATENTS FROM LG TO INTERDIGITAL​.INTERDIGITAL INC - ‍ PARTIES HAVE ALSO AGREED TO TERMS FOR DISMISSAL BY INTERDIGITAL OF OUTSTANDING LITIGATION AMONG PARTIES AND THEIR AFFILIATES​.  Full Article

InterDigital sees Q4 2017 revenue $155 million to $160 million
Monday, 13 Nov 2017 04:30pm EST 

Nov 13 (Reuters) - InterDigital Inc :InterDigital issues revenue guidance for fourth quarter 2017.Sees Q4 2017 revenue $155 million to $160 million.  Full Article

Interdigital says court issued decision affirming judgment finding that two of co's patents are not invalid​
Friday, 3 Nov 2017 04:18pm EDT 

Nov 3 (Reuters) - Interdigital Inc :Interdigital - ‍on Nov 3, court issued its decision affirming Oct 2014 court judgment finding that two of Interdigital's patents are not invalid​.Interdigital - ‍court issued decision also affirming finding of co's patents being infringed by ZTE 3G and 4G cellular devices​.  Full Article

InterDigital announces financial results for third quarter 2017
Thursday, 26 Oct 2017 08:30am EDT 

Oct 26 (Reuters) - Interdigital Inc :InterDigital announces financial results for third quarter 2017.Q3 earnings per share $1.00.Q3 revenue $97.3 million versus I/B/E/S view $94.1 million.Q3 earnings per share view $0.66 -- Thomson Reuters I/B/E/S.  Full Article

InterDigital Inc announces increases of regular quarterly cash dividend and stock buyback authorization
Thursday, 14 Sep 2017 05:19pm EDT 

Sept 15 (Reuters) - InterDigital Inc :InterDigital Inc announces increases of regular quarterly cash dividend and stock buyback authorization.InterDigital Inc - ‍increased its existing stock repurchase program by $100 million​.InterDigital Inc - increase in stock repurchase brings total authorization under program to $500 million ​.InterDigital Inc - ‍board of directors has approved an increase in company's quarterly cash dividend to $0.35 per share.​.  Full Article