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Dec 31, 2024
InterDigital Q4 2024 Earnings Report
InterDigital's business momentum accelerated through the fourth quarter, driving record revenue and EPS in 2024.
Key Takeaways
InterDigital reported strong Q4 2024 results with revenue up 140% year-over-year to $253 million. The company's CEO highlighted the crucial role of their innovation in enabling a growing range of devices and services, while also noting enforcement actions against The Walt Disney Company for unlicensed use of their technology.
Revenue increased by 140% year-over-year to $252.8 million.
Net income attributable to InterDigital, Inc. increased by 241% year-over-year to $133.1 million.
Diluted EPS increased to $4.09, a 190% increase year-over-year.
The board of directors approved a 33% increase in the company's quarterly cash dividend, from $0.45 to $0.60 per share, effective in Q2 2025.
Revenue by Segment
Forward Guidance
InterDigital provided its outlook for Q1 2025 and full year 2025, including revenue and adjusted EBITDA estimates. The Q1 outlook covers existing licenses, while the full year outlook includes new agreements and arbitration results.
Positive Outlook
- Q1 2025 Revenue is expected to be between $112 million and $116 million.
- Q1 2025 Adjusted EBITDA is expected to be between $53 million and $60 million.
- Q1 2025 Diluted EPS is expected to be between $0.58 and $0.79.
- Q1 2025 Non-GAAP EPS is expected to be between $1.19 and $1.42.
- Full year 2025 Revenue is expected to be between $660 million and $760 million.
Challenges Ahead
- Full year 2025 Adjusted EBITDA is expected to be between $400 million and $495 million.
- Full year 2025 Diluted EPS is expected to be between $6.79 and $9.67.
- Full year 2025 Non-GAAP EPS is expected to be between $9.69 and $12.92.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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