Get Stock Quote Here InterDigital (IDCC) is a company that develops wireless technologies for mobile devices, networks, and services worldwide. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400 index. InterDigital has a portfolio of about 20,000 U.S. and foreign issued patents and patent applications. In 2012 Business Insider put them on their list of the 8 most fearsome patent trolls. They are frequently called patent trolls because they don't build products, but instead license technology and standards-essential patents to product-manufacturing companies.
off about -15% at the open here... InterDigital misses Street 3Q forecasts WILMINGTON, Del. (AP) _ InterDigital Inc. (IDCC) on Thursday reported third-quarter earnings of $104.5 million. The Wilmington, Delaware-based company said it had net income of $2.99 per share. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.01 per share. The wireless research and development company posted revenue of $208.3 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $212.8 million. InterDigital shares have risen 64 percent since the beginning of the year. The stock has climbed 63 percent in the last 12 months.
