InterDigital Inc (IDCC)

[Corp_Buyer]

"4Q numbers and exspenses are already known. the 4Q numbers are the numbers from the 'actual old 3Q'." - the original guidance may have been accurate when it was given, but alot has happended since then e.g. the GD contract officially started in the 4Q after the expense guidance, as I recall, so this is one item that might supercede the original prior guidance.

I noticed that when Janet Point reiterated the 4Q guidance in her recent presentation, she used less specific words (~"increased expenses") than the prior cost guidance, FWIW.

I hope the company can stick to its original guidance on expenses, however, there may be some new reasons to exceed the guidance on expenses.

In any case, the rate of Q-Q cost increases we have seen is very surprising and needs a lot more justification, IMO.

MO,
Corp_Buyer