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Monterey2000

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Monterey2000

Re: pochemunyet post# 327041

Wednesday, 07/27/2011 7:46:30 PM

Wednesday, July 27, 2011 7:46:30 PM

Post# of 433036
What is it with these negative headlines....

InterDigital Q2 Profit Plunges - Quick Facts

(RTTNews) - InterDigital Inc. (IDCC: News ), Wednesday reported second-quarter net income of $17.2 million or $0.37 per share, compared to $35.0 million or $0.78 per share in second quarter last year.

On average, three analysts polled by Thomson Reuters expected earnings of $0.36 per share for the quarter. Analysts' estimates typically exclude one-time items.

Total revenue for the quarter declined 23 percent to $69.9 million from $91.2 million last year. Analysts estimated revenues of $69.24 million for the quarter.

Click here to receive FREE breaking news email alerts for INTERDIGITAL INC and others in your portfolio

by RTT Staff Writer

http://www.rttnews.com/Content/QuickFacts.aspx?Id=1676024&SM=1
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