InterDigital Inc (IDCC)

[bim524]

I correct myself...

since the apple license didn't lapse, and just a new continuation...

the 3q fixed fee recurring contribution should really be the same as before since it expired on sept 30... (can't remember if there is a 1 q lag or not...)

we should see an uptick in recurring revs starting next q due to the apple lic.
134 mil annually on a straight line basis is 33.5 mil/q.

previously it was ~27.75 mil/q... so ~6 extra mil/q in recurring moving forward without and add/sub to licenses.


we are already seeing some bump in revs projection due to it:
InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, today announced that it expects third quarter 2022 total revenue to be between $112 million and $115 million, up from its previous expectations of $96 million to $100 million.