AI brief of an SEC Form 8-K · InterDigital (IDCC)

InterDigital Q2 revenue more than doubles to $223.5 million; raises 2024 revenue outlook

Positive Impact 4 of 5 earnings Written later

InterDigital reported second-quarter 2024 revenue of $223.5 million, up 120% from $101.6 million a year earlier, and GAAP diluted EPS of $3.93 versus $0.79. The company raised its full-year 2024 revenue guidance to $690 million to $740 million from $620 million to $670 million, though second-quarter revenue included $127.6 million of catch-up revenue while recurring revenue fell 3%.

Key points

  • Q2 2024 net income attributable to InterDigital was $109.7 million; diluted EPS was $3.93 versus $0.79, and non-GAAP EPS was $4.57 versus $1.30
  • Full-year 2024 revenue guidance raised to $690 million to $740 million from $620 million to $670 million; non-GAAP EPS guidance raised to $9.70 to $10.95 from $7.45 to $8.76
  • Q2 recurring revenue was $95.9 million, down 3%, while catch-up revenue was $127.6 million
  • Third-quarter 2024 revenue outlook is $94 million to $98 million, based on existing licenses only

The filing

CompanyInterDigital (IDCC)
Form8-K, current report
Filed with the SECAug 1, 2024, 8:32 AM ET
Accession number0001405495-24-000102

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

Read the filing on SEC.gov ↗

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 August 01, 2024.

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.