InterDigital (NASDAQ:IDCC) Updates Q1 2025 Earnings Guidance

InterDigital (NASDAQ:IDCC) updated its first quarter 2025 earnings guidance on Friday. The company provided earnings per share guidance of 3.660-3.900 for the period, compared to the consensus earnings per share 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 Trading Down 2.3 %

IDCC opened at $210.04 on Friday. The company has a market cap of $5.39 billion, a P/E ratio of 17.45, a price-to-earnings-growth ratio of 1.57 and a beta of 1.45. The company has a fifty day moving average price of $204.34 and a two-hundred day moving average price of $182.44. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.02. InterDigital has a 1-year low of $95.33 and a 1-year high of $231.97.

InterDigital Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 9th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis 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 is Wednesday, April 9th. InterDigital’s dividend payout ratio is presently 19.93%.

Insider Activity at InterDigital

In other news, CFO Richard Brezski sold 9,602 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $215.21, for a total value of $2,066,446.42. Following the completion of the sale, the chief financial officer now directly owns 102,555 shares of the company’s stock, valued at $22,070,861.55. This represents a 8.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Rajesh Pankaj sold 700 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $204.13, for a total value of $142,891.00. Following the sale, the chief technology officer now owns 52,997 shares of the company’s stock, valued at $10,818,277.61. This trade represents a 1.30 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,833 shares of company stock valued at $2,954,830. 2.30% of the stock is owned by company insiders.

InterDigital Company Profile

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.