InvestorsHub Logo

LTE

Followers 7
Posts 1420
Boards Moderated 0
Alias Born 03/28/2009

LTE

Re: hurtrhino post# 429423

Tuesday, 09/14/2021 1:44:02 PM

Tuesday, September 14, 2021 1:44:02 PM

Post# of 432707
Come to think of it, IDCC provided some type of "guidance" in their
last quarterly conference call. Check here - they gave enough
info to give us a decent idea as to what to expect:

<<Meanwhile, our estimated annualized expense savings from the restructuring remains roughly $15 million. We expect to begin to realize a portion of that savings sometime in the fourth quarter of this year. Looking forward to Q3, we expect our financial results to benefit from our long-term fixed price agreement with Xiaomi, including the expected recognition of two quarters worth of non-recurring revenue in Q3. In addition, we expect to recognize a level of recurring revenue that would put our revenue platform at roughly $360 million.>>

They also said this:

<<We will provide additional details around our expectations for Q3 revenue expense, including any adjustment to compensation accruals, and any expected restructuring charges in one or more releases later this quarter.>>

https://www.fool.com/earnings/call-transcripts/2021/08/05/interdigital-inc-idcc-q2-2021-earnings-call-transc/
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IDCC News