Replies to post #430295 on InterDigital Inc (IDCC)

[Paullee]

they renewed Apple for 5 years


*InterDigital Said in 8-K Filing, Said on September 30, 2022 the Company Renewed a Patent License agreement with Apple. InterDigital Said Expects to Recognize ~$134M in Revenue Each Year Over the Seven-year Term of the License, Which Commenced on October 1, 2022

except I can't find the filing with the SEC, go figure

[dndodd]

"The company noted that its third quarter operating expenses are now expected to be in the range of $88 - $90 million, including an $11 - $13 million increase to the company’s performance-based compensation accruals."

Management never fails to reward themselves very well.