InterDigital Q1 Earnings Beat Estimates Despite Lower Revenues
InterDigital, Inc. (IDCC) reported strong first-quarter 2025 results, with both the top and bottom lines beating the Zacks Consensus Estimate. However, the company generated lower revenues year over year, owing to weakness in the consumer electronics and IoT markets. Solid licensing momentum in the smartphone business is a tailwind. IDCC is also advancing its leadership position in AI (artificial intelligence) applications for wireless and video technology.IDCC’s Net IncomeQuarterly net income increased to ...