Monday, February 09, 2009 9:54:02 AM
Ron: Thanks for the info. If the $6 million is recognized as revenue during the 4th qtr 2008, I'd imagine that it would be classified as non-recurring revenue similar to the $7 million that was previously announced.
"KING OF PRUSSIA, PA — December 2, 2008 — InterDigital, Inc. (NASDAQ: IDCC) today announced financial guidance for fourth quarter 2008. InterDigital® expects fourth quarter 2008 revenue to be in the range of approximately $57.0 million to $60.0 million, including $7.0 million of non-recurring revenue primarily associated with a non-refundable prepayment, made in a prior period, by a licensee who has exited the handset business."
"KING OF PRUSSIA, PA — December 2, 2008 — InterDigital, Inc. (NASDAQ: IDCC) today announced financial guidance for fourth quarter 2008. InterDigital® expects fourth quarter 2008 revenue to be in the range of approximately $57.0 million to $60.0 million, including $7.0 million of non-recurring revenue primarily associated with a non-refundable prepayment, made in a prior period, by a licensee who has exited the handset business."
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