InterDigital Inc (IDCC)

[olddog967]

FISH: Because of the announced sale of their Patent Licensing business to IDCC, in their financial reporting for 2017 Technicolor separately reported the results as discontinued operations. The following information was reported and should give some idea of how it will effect IDCC.

12.1.1. Results of discontinued operations (€ in million)

.................................................2017...2016

Revenues.....................................131....257
Cost of sales................................(52)...(43)
Gross Margin..................................79.....214
Earning Before Income and Taxes.......54......97
Net Income.....................................46.....80


In 2017, the profit of €46 million from discontinued operations consists mainly the result of Patent Licensing business

In 2016, the gain of €80 million includes mainly the result of Patent Licensing business offset partly by impact of settlements of some risk and litigation which were related to businesses discontinued several years ago




https://www.technicolor.com/sites/default/files/2018-02/TCH-2017-12-FINANCIAL-REPORT-en-23-02-2018.pdf

For the six months ending 30 June 2018, for discontinued operations Technicolor only reported:

DISCONTINUING OPERATIONS
Net gain (loss) from discontinuing operations (14) 19