InterDigital Q3 revenue rises 22% to $140.1 million; net income up 116%
InterDigital reported third quarter 2023 revenue of $140.1 million, up 22%, mainly from catch-up revenues tied to two new patent license agreements, and net income attributable to the company of $47.9 million, up 116%. The company guided fourth quarter 2023 revenue to $102 million to $106 million and diluted EPS to $0.70 to $0.80, and raised its quarterly dividend to $0.40 per share from $0.35.
Key points
- Q3 2023 total revenue was $140.1 million, up 22%, with catch-up revenues of $35.6 million versus $13.7 million a year earlier.
- Q3 2023 net income attributable to InterDigital was $47.9 million, up 116%; diluted EPS was $1.72 versus $0.74.
- Q4 2023 guidance: revenue of $102 million to $106 million and diluted EPS of $0.70 to $0.80, excluding any new agreements not yet signed.
- Quarterly cash dividend increases to $0.40 per share from $0.35, beginning with the dividend paid in Q4 2023.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2023.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.