Thursday, October 31, 2013 12:15:17 PM
this would then tie into the initial arbitration numbers?
"Our revenue guidance for second quarter 2013 includes approximately $43.5 million related to current patent royalties and approximately $24 to $30.5 million related to past sales, nearly all of which relates to the approximately $30 million that we received pursuant to the favorable arbitration decision involving Pegatron Corporation announced on April 25, 2013," said Richard J. Brezski, InterDigital's Chief Financial Officer. "Whether we hit the top or bottom of the revenue range will depend upon our classification of the interest portion of the Pegatron payment as revenue or other income, but either classification will provide the same benefit to our bottom line. Any increase in second quarter revenue above the expected range would be largely dependent upon our entry into new agreements, results of other arbitrations or meeting revenue recognition criteria for additional amounts pursuant to the Pegatron arbitration decision, including amounts due for sales that occurred beyond the arbitration period, which ended June 30, 2012."
"Our revenue guidance for second quarter 2013 includes approximately $43.5 million related to current patent royalties and approximately $24 to $30.5 million related to past sales, nearly all of which relates to the approximately $30 million that we received pursuant to the favorable arbitration decision involving Pegatron Corporation announced on April 25, 2013," said Richard J. Brezski, InterDigital's Chief Financial Officer. "Whether we hit the top or bottom of the revenue range will depend upon our classification of the interest portion of the Pegatron payment as revenue or other income, but either classification will provide the same benefit to our bottom line. Any increase in second quarter revenue above the expected range would be largely dependent upon our entry into new agreements, results of other arbitrations or meeting revenue recognition criteria for additional amounts pursuant to the Pegatron arbitration decision, including amounts due for sales that occurred beyond the arbitration period, which ended June 30, 2012."
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