InterDigital Shares Higher as Q3 Non-GAAP Earnings, Revenue Rise

MT Newswires Live10-29

InterDigital (IDCC) shares were up more than 5% in Thursday trading after the company posted higher Q3 non-GAAP earnings and revenue.

The technology company reported Q3 non-GAAP earnings early Thursday of $3.11 per share, up from $2.55 a year earlier.

Four analysts polled by FactSet expected $1.87.

Revenue for the quarter ended Sept. 30 was $193.4 million, up from $164.7 million a year earlier.

Four analysts expected $153.0 million.

For Q4, the company said it expects non-GAAP EPS of $1.72 to $1.98. Three analysts polled by FactSet expect $2.55. Revenue for the quarter is expected between $154 million and $160 million. Four analysts expect $174.2 million.

For 2026, the company expects non-GAAP EPS of $11.99 to $12.25, compared with prior outlook of $10.85 to $12.81. Four analysts expect $11.56. Revenue for the year is expected to be between $813 million and $819 million, compared with $775 million to $845 million previously. Four analysts expect $796.4 million.

Price: 337.34, Change: +16.78, Percent Change: +5.23

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment