Replies to post #130827 on InterDigital Inc (IDCC)

[laranger]

Does that include any adjustment for the Federal dispute?

TIA.

[mschere]

Ronnie..Question..How will the $20 Million Kyocera check be accounted for , when IDCC announces its Third Quarter Report since it is not included in your 3rd Quarter Revenue analysis? TIA



Under the terms of the new patent license agreement and subject to certain KYOCERA options to convert the license to a royalty-bearing basis, KYOCERA is obligated to pay InterDigital a license fee of $50 million, which covers licensed product sales up to a specified threshold dollar amount. The $50 million fee is payable in four installments, including an initial payment of $20 million due in the third quarter of 2005, and three additional $10 million installments due no later than the third quarters of 2006, 2007, and 2008, respectively.



Ranger re projected 3rd quarter earnings

I posted the following just after IDCC provided guidance on the third quarter:

Posted by: rmarchma
In reply to: None
Date:9/21/2005 2:16:35 PM
Post #of 130807

Preliminary EARNINGS projection for third quarter as follows:

Total Revenues $48.5m (midpoint of latest guided range)

-Operating Expenses -37m ($36.2m 1st quarter + $0.8m repositioning charge)

+Interest Income +0.6m

=Income Before Tax =12.1m

-Income Tax Expense -4.8m (at estimated 40%)

= Net Income =$7.3m

Basic EARNINGS per Share at 53.4m weighted shares = 14 cents per share

Diluted EARNINGS per Share at 56.5m weighted shares = 13 cents per share

[JimLur]

Good call Marchma you had the total revenues to the penny. With all that's going on with legal expenses that number is a rough one to nail down.