InterDigital (NASDAQ:IDCC) Releases Q1 2025 Earnings Guidance

InterDigital (NASDAQ:IDCC) updated its first quarter 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 3.660-3.900 for the period, compared to the consensus estimate of 1.430. The company issued revenue guidance of $202.0 million-$206.0 million, compared to the consensus revenue estimate of $141.0 million.

InterDigital Stock Down 2.3 %

Shares of InterDigital stock opened at $210.04 on Friday. InterDigital has a 1 year low of $95.33 and a 1 year high of $231.97. The firm has a market cap of $5.39 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 1.57 and a beta of 1.45. The company has a 50-day moving average of $204.34 and a 200 day moving average of $182.80. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.70 and a quick ratio of 1.70.

InterDigital Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 9th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.14%. This is a positive change from InterDigital’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Wednesday, April 9th. InterDigital’s dividend payout ratio (DPR) is presently 19.93%.

Insider Transactions at InterDigital

In other news, insider Eeva K. Hakoranta sold 350 shares of InterDigital stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $214.51, for a total value of $75,078.50. Following the completion of the transaction, the insider now owns 30,537 shares of the company’s stock, valued at $6,550,491.87. The trade was a 1.13 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Rajesh Pankaj sold 700 shares of the firm’s stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $218.08, for a total transaction of $152,656.00. Following the sale, the chief technology officer now owns 71,606 shares of the company’s stock, valued at approximately $15,615,836.48. This represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,833 shares of company stock valued at $2,954,830 in the last ninety days. 2.30% of the stock is currently owned by corporate insiders.

About InterDigital

InterDigital, Inc operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming.