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Stock impact report

InterDigital (IDCC) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]

InterDigital, Inc. (IDCC) 
Last interdigital, inc. earnings: 2/20 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.interdigital.com
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 1.25%. Shares of the wireless research and development company have depreciated by 6.61% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.77% and the S&P 500's gain of 3.56%. Market participants will be closely following the financial results of InterDigital in its upcoming release. The company is forecasted to report an EPS of $1.24, showcasing a 70.55% downward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $250.15 million, showing a 23.61% escalation compared to the year-ago quarter. For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.42 per share and a revenue of $626.9 million, signifying shifts of -30.44% and +14.07%, respectively, from the last year. Furthermor Show less Read more
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