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09/13/21 2:49 PM

#429424 RE: hurtrhino #429423

hurtrhino, the CFO said he would get it out shortly. I do not know about you but I have a problem when the CFO lies.

LTE

09/14/21 1:44 PM

#429427 RE: hurtrhino #429423

Come to think of it, IDCC provided some type of "guidance" in their
last quarterly conference call. Check here - they gave enough
info to give us a decent idea as to what to expect:

<<Meanwhile, our estimated annualized expense savings from the restructuring remains roughly $15 million. We expect to begin to realize a portion of that savings sometime in the fourth quarter of this year. Looking forward to Q3, we expect our financial results to benefit from our long-term fixed price agreement with Xiaomi, including the expected recognition of two quarters worth of non-recurring revenue in Q3. In addition, we expect to recognize a level of recurring revenue that would put our revenue platform at roughly $360 million.>>

They also said this:

<<We will provide additional details around our expectations for Q3 revenue expense, including any adjustment to compensation accruals, and any expected restructuring charges in one or more releases later this quarter.>>

https://www.fool.com/earnings/call-transcripts/2021/08/05/interdigital-inc-idcc-q2-2021-earnings-call-transc/