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IMO, the revenue goal of 620m can easily be attainable. The Q is how much more that they can achieve above the 620m number...
In the next 3Qs, they need to achieve 356 m....assuming recurring at 100m per Q and catch up revenue of 15m per Q with signing of additional licensees this year...IMO, the 620m number is a very conservation estimate..
Per 10Q, company repurchased shares at an average price of 104.27 in 1Q
Per 10Q, During first quarter 2024, we incurred $65.7 million of nonrecurring revenue share costs associated with the catch-up revenues recognized in the period.
IMO, probably revenue sharing with Sony.
IMO may be IDCC should acquire Beamr Imaging to compliment their AI Video patent assets.
IMO Revenue and EPS wise, IDCC is much stronger than OLED. It is still undervalued and should be traded at around the same price as OLED.. AMHO
IMO would it be cheaper for Tesla to buy out IDCC?
Still here..but not as much as before..will hold the rest till the end...
IMO don't know whether Huawei is a fixed or a per unit licensee. if Huawei is a per unit licensee of IDCC, their new successful product launch would benefit IDCC..However, their new products will hurt the revenues of both Qualcomm and Apple. AMHO
IMO if IDCC has what Meta wants, the stock could worth over 200..
IMO that makes sense to me especially they mentioned in the call that the to be appointed board member has broad video experience. May be they envision a large potential there and the market has not realized that value yet.
I am still puzzled by the urgency to accelerate buyback...IMO
IMO,,not too many retail investors here anymore. most have moved on..
couple of points from the call this morning:
1) high court hearing this week regarding interest, cost and permission to appeal. Waiting for decision to take the next step.
2) fast track oppo in UK court and the court is currently focusing on payment amounts.
3) commitment to accelerate buyback and dividends due to licensing momentum
4) the new board member with his previous experience at Tivo and Experi, if elected, will help penetration to the video area.
5) Cash balance $950 as of March31. Expect additional 1.4 billion cash receipts under the current agreements.
6) expect strong 2Q quarter. will continue to purchase shares with remaining 177m
New presentation slides for today's sidoti conference
https://d3ka4b6b7wffw2.cloudfront.net/0001405495/100117352613/03f27455-ecf9-428c-8928-a308ae99f926.html
Is Lenova granted the same rate as Apple/samsung due to discriminatory performance?
According to IDCC press release,
The Court ruled that Lenovo:
should pay a total of $138.7 million for a license to InterDigital’s portfolio of 3G, 4G and 5G patents, and
should pay in full for past sales dating back to 2007
Is the past amount not included? This is contrary to what the reuters news indicated...Am I missing something here?
jeffries -- PT from 80 to 85..EOM
Hopefully we'll see an increase in dividend in the future.. AMHO...From the call this am:
Since we announced our first dividend in December 2010, we have returned nearly $1.4 billion to shareholders through buybacks and dividends. In that time, we've reduced our outstanding share count for more than 45 million to fewer than 30 million shares. At current prices, our $400 million authorization would further reduce our share count below 25 million shares. With lots of opportunity to drive our cash flow even higher, capital allocation, and specifically returning cash to shareholders, will continue to be among the foremost topics for the management team and our Board.
https://seekingalpha.com/article/4578629-interdigital-inc-idcc-q4-2022-earnings-call-transcript
IMO, after the dutch auction, they may increase the dividends..
I am puzzled as to why the need and urgency to raise price....Are they testing the buyout price for going private or for the potential acquirers?? ?? AMHO
why are they keep reducing shares? taking it private or making it easy for any acquiring entities...jmho
Since IDCC is currently staffed with ex-qcom personnel and XCOM director, is XCOM looking at IDCC for its cash as well as listing potential?
IMO nothing has changed for IDCC for a while except that they have been signing more licenses. IDCC has always underperformed the market for the last two years. The analyst has not stated anything new. The near term catalysts r levono and other potential holdouts.. Obviously today has been a short attack..I did pick some shares up.
Well I did pick up a few too at this level....EOM
Correction to Post 429310: thx to zdog
Revenue: 500m
Op Exp: 75m x 4 (300m)
Income: 200m
Tax rate: 25% (my guess only)
Total Sh: 31m
Per Sh Earning: 5
Share Price based on
PE: 10 ---- 50 + 13 cash = 63
PE: 12 ---- 60 + 13 cash = 73
PE: 15 ---- 75 + 13 cash = 88
IMO the potential for IDCC is always there if management can execute
Revenue: 500m
Op Exp: 75m
Income: 425m
Tax rate: 25%
Total Sh: 31m
Per Sh Earning: 10
Share Price based on
PE: 10 ---- 100
PE: 12 ---- 120
PE: 15 ---- 150
Over the years, the revenue goal has been hard to achieve and has been revised downwards multiple times ..Hopefully, the new CEO would be able to achieve wonders and lead us to record revenues..Just have to wait and see...
AMHO
IMO, assume idcc is valued at 65 without any new licenses, with the addition of assumed $2 per share earning, put in a pe of 10, the fair valuation of idcc, IMO, should be at 85...AMHO
IMO, assuming
1)the avg price of $200US per smart phone,
2)2.5 per unit rate with 200$ phone
3)30mil per year sales,
the total fee would be 75mil per year without discount..In addition, there would be fee for previous years' usage..Hence, we may be looking at $2 per share additional earning per year..AHMO
IF they can execute consistently and increase their revenue more than 13% YOY, the stock price appreciation would certainly agree with power gauge's prediction of more than double or triple..AMHO
From the presentation
Recurring 13% YOY
Net Income 45M +114% YOY
Income from Operation $55M +46% YOY
Free Cash 135M +135% YOY
How would this translate into future revenue for IDCC?
AI/ML (machine learning) synthetic content -- InterDigital, a global market leader in advanced wireless, video and artificial intelligence technology research, has a vision that every human will have a digital double as their avatar for the e-Society, which will become the interface for communication with the emerging world
https://www.plugandplaytechcenter.com/resources/merits-and-opportunities-synthetic-media-technology/
IMO May be the rise in SP is due to Xiaomi. Since Xiaomi is off the restricted trade list, they better start compiling with US trade rules and start signing a licensing deal with IDCC...
from the 10 q
Our patent license agreements with seven licensees expired during 2020, including LG. Collectively, all seven agreements accounted for $38.0 million, orapproximately 11% of our recurring revenue in 2020, including LG who contributed $31.8 million, or approximately 9%, of our recurring revenue in 2020. InJanuary 2021, it was reported that LG confirmed that it is considering exiting the smartphone market.
Our patent license agreements with six licensees are scheduled to expire during 2021. Collectively, all six agreements expiring in 2021 accounted for$30.3 million, or approximately 9%, of our recurring revenue in 2020.We are actively working to renew these agreements consistent with the licensees' current product utilization and market position.
IMO could that be the above are the reasons for BM to exit now..
Very high volume last 5 minutes..over 500,000..EOM
IMO, the lower rate may be due to the lower phone pricing in China without the US apps..
IMO you can buy the company now with the company's cash value and use the revenue to pay off the debt..such a bargain!! AMHO
IMO China is beginning to open up that should be good for IDCC...I am buying back big time at this price...Most of the IDCC's revenues are fixed...Impact on IDCC should be minimal with the virus...Very undervalued and oversold..AMHO
IMO, technicolor was able to achieve almost 300m in annual revenues prior to acquisition by IDCC...Assuming 100m in annual revenues by next year from consumer products, this should equate to $3 per share increase in earning. With that assumption, the current share price is way undervalued.
From conference call, current technicolor contribution is about 4 to 5 m per quarter from o revenue base...
IMO, If CEVA can license chinese vendors, why can't IDCC. Also puzzling is the divestiture of Hillcrest..$3m revenue first six months..
From CEVA 8k
On royalties, our second quarter royalty revenue reflects stabilization in the baseband space following an inventory clean up at a large U.S. based premium handset supplier, and new production ramps and design wins for our China-based customer in the low and mid-tier LTE smartphone markets. We believe these positive trends will accelerate as we head into the high season in this space. In the base station market, we are particularly encouraged by the recent progress with our key customer ZTE in 5G base stations who recently publicly commented that it has secured more than 25 commercial 5G network contracts to date. ZTE is capitalizing on its first mover advantage, a lot of which relates to our advanced DSP platforms, to gain market share in the expedited 5G deployments in China following the government’s grant of commercial 5G licenses to telecom operators and cable network operators. Overall, royalties from our non-handset customers continue to show solid growth, up 52% in revenue versus the second quarter of 2018.
Now, on the strategic transactions we have concluded recently.
In July, we acquired the Hillcrest Labs business from InterDigital for $11 million in cash. Hillcrest Labs is a global supplier of software IP, complimentary services and components that process data from sensors. Hillcrest Labs’ advanced MotionEngine algorithms and software platforms fuse data captured from a diverse range of sensors, such as accelerometer, gyro, magnetometer, barometer and others to reflect the accurate orientation and the heading of a device in the 3D domain. Sensor fusion is broadly used in smartphones, laptops, tablets, wireless earbuds, remote controls of smartTV and settop boxes, drones, automotive, AR & VR robots and numerous other devices. Hillcrest Labs’ technology, competencies and customer base add new revenue sources and market opportunities for our smart sensing portfolio that currently includes vision, sound and AI products. Hillcrest Labs’ software products have shipped in more than 100 million devices to date and among its customers are Hisense, LG Electronics, Samsung and some of the leading robotic companies. Its revenue for the first six months of the year was approximately $3 million, of which 80% were royalties.
IMO, 2.7% yield..several video deals in the work and may be zte license and back payments..I have been buying here..AMHO
as of August 1...97m left for buyback...no purchase from July 1 to Aug 1...Bet they must be buying a lot during the last few days..AMHO
At this pps, I am getting some shares back..EOM