InterDigital (IDCC) Reports Q4 Earnings: What Key Metrics Have to Say

For the quarter ended December 2024, InterDigital (IDCC) reported revenue of $252.8 million, up 139.6% over the same period last year. EPS came in at $5.15, compared to $1.41 in the year-ago quarter.The reported revenue represents a surprise of +3.72% over the Zacks Consensus Estimate of $243.73 million. With the consensus EPS estimate being $5.40, the EPS surprise was -4.63%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how InterDigital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue by type- Recurring revenues: $117.01 million compared to the $126.43 million average estimate based on four analysts. The reported number represents a change of +13.3% year over year. Revenue by type- Catch-up revenues: $135.80 million versus $117.31 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +6072.5% change. Revenue by program- CE, IoT/Auto: $21.80 million compared to the $29.95 million average estimate based on three analysts. The reported number represents a change of +27.5% year over year. Revenue by program- Smartphone: $230.60 million compared to the $99.15 million average estimate based on three analysts. The reported number represents a change of +161.8% year over year. View all Key Company Metrics for InterDigital here>>>Shares of InterDigital have returned -4.3% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report InterDigital, Inc. (IDCC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks