InterDigital Inc (IDCC)

[rmarchma]

eagle re missing estimates you said:

...."Based on Merritt's comment that 5M was for Q4 then that would add $0.11 to the bottom line for the quarter and we would have beat estimates by 7-8 cents instead of missing by 3 cents."

You forgot the income tax associated with $5m of extra revenue. Technically net income would have increased by a net after-tax amount of $3.2m [5m x 64% (100% - 36% income tax rate)] or 7 cents per share (3.2m increased net income / 45.4m shares), not 11 cents, on $5m of additional Q4 revenue.