InterDigital Inc (IDCC)

[stockfisher]

Earnings Release...
Revenue IDCC
InterDigital Announces First Quarter 2005
Financial Results; Revenue up 8% over Comparable Period of 2004

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--May 6, 2005--InterDigital
Communications Corporation (Nasdaq:IDCC), a leading architect,
designer and provider of wireless technology and product platforms,
today announced revenues of $35.5 million and a net loss of $0.9
million, or $0.02 per share for its first quarter ended March 31,
2005. In addition, InterDigital's cash and short-term investment
position remained strong, ending first quarter 2005 at $126.5 million.
William Merritt, President and Chief Executive Officer, stated, "I
am pleased with the company's performance during first quarter 2005.
Our recurring patent licensing and technology revenues of $35.5
million set a new high for the corporation. We continued to see the
beneficial effect of a larger licensee and customer base, as a decline
in the royalties from NEC was offset by both increased royalties from
other licensees, including Sharp, and revenues associated with our
strong performance under our contract with General Dynamics. As we