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Monday, 03/02/2009 6:42:13 PM

Monday, March 02, 2009 6:42:13 PM

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InterDigital swings to profit in Q4 - Quick facts
3/2/2009 6:23 PM ET
TOP MARKET NEWS

(RTTNews) - InterDigital, Inc. (IDCC) reported net income for the fourth quarter of $3.8 million or $0.09 per share, compared to a net loss of $2.0 million or $0.04 per share for the year-ago quarter.

Total revenue for the fourth quarter increased to $58.7 million from $54.9 million in the prior year quarter.

Analysts polled by Thomson Reuters expected the company to earn $0.16 per share on revenue of $57.36 million for the fourth quarter.

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by RTT Staff Writer

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Daniel Nieves

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