InterDigital IDCC reported its Q3 earnings results on Thursday, November 3, 2022 at 08:30 AM.
Here's what investors need to know about the announcement.
Earnings
InterDigital beat estimated earnings by 68.18%, reporting an EPS of $0.74 versus an estimate of $0.44.
Revenue was down $28.73 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.39 which was followed by a 3.95% drop in the share price the next day.
Here's a look at InterDigital's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.56 | 0.34 | 0.65 | |
EPS Actual | 0.95 | 0.58 | 0.70 | 0.83 |
Revenue Estimate | 122.02M | 97.85M | 101.54M | 120.27M |
Revenue Actual | 124.66M | 101.32M | 111.81M | 143.50M |
To track all earnings releases for InterDigital visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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