Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · InterDigital (IDCC)

InterDigital FY2023 revenue up 20% to $550 million; 2024 guidance $620-670 million

Positive Impact 3 of 5 earnings Written later

InterDigital reported fourth quarter and full year 2023 results, with full year revenue of $549.6 million, up 20%, and diluted earnings per share of $7.62 versus $3.07 a year earlier. The company guided full year 2024 revenue to $620 million to $670 million, but fourth quarter revenue fell 10% year over year, so shareholders will weigh the growth outlook against that quarterly decline.

Key points

  • Full year 2023 revenue was $549.6 million, up 20% from $457.8 million; GAAP diluted EPS was $7.62 versus $3.07.
  • Fourth quarter 2023 revenue was $105.5 million, down 10% from $117.1 million; GAAP diluted EPS was $1.41 versus $1.08.
  • Full year 2024 revenue is guided to $620 million to $670 million; first quarter 2024 revenue is guided to $245 million to $255 million.
  • The company returned $379.0 million to shareholders in 2023, including $339.7 million in share repurchases.

The filing

CompanyInterDigital (IDCC)
Form8-K, current report
Filed with the SECFeb 15, 2024, 8:33 AM ET
Accession number0001405495-24-000051

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing 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 February 15, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.