InterDigital: 3Q Earnings Snapshot

InterDigital: 3Q Earnings Snapshot

In this article:

WILMINGTON, Del. (AP) _ InterDigital Inc. (IDCC) on Thursday reported third-quarter earnings of $21.4 million.

On a per-share basis, the Wilmington, Delaware-based company said it had net income of 60 cents.

The wireless research and development company posted revenue of $75.1 million in the period.

InterDigital shares have dropped 6 percent since the beginning of the year. The stock has dropped 2.5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IDCC at https://www.zacks.com/ap/IDCC

Advertisement