Earnings Snapshot: InterDigital reports 32.4 million Q4 profit
Wilmington, Delaware-based company said its earnings were $1.08 per share
WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — InterDigital Inc. (IDCC) on Wednesday reported fourth-quarter earnings of $32.4 million.
On a per-share basis, the Wilmington, Delaware-based company said it had net income of $1.08.
The wireless research and development company posted revenue of $117.1 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $107.5 million.
For the year, the company reported profit of $93.7 million, or $3.07 per share. Revenue was reported as $457.8 million.
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