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Investing.com -- InterDigital , Inc. (NASDAQ:IDCC) reported second-quarter earnings that dramatically exceeded Wall Street expectations, with adjusted earnings per share more than tripling analyst estimates, driven primarily by a major licensing agreement with Samsung (KS:005930).
The mobile and video technology research company posted adjusted earnings of $6.52 per share for the quarter ended June 30, 2025, far surpassing the analyst consensus of $2.17. Revenue jumped to $300.6 million, up 34% YoY and significantly above the $167.93 million analysts had expected. The company’s shares surged 7% following the announcement, reflecting investors’ positive reaction to the substantial earnings beat.
"Our agreement with Samsung is the largest license InterDigital has ever signed, worth more than $1 billion in total contract value over eight years," said Liren Chen, President and CEO of InterDigital. "We have increased the mid-point of our annual revenue guidance by $110 million to $820 million and driven annualized recurring revenue to well over half a billion dollars."
The company’s net income rose 65% YoY to $180.6 million, with adjusted EBITDA increasing 50% to $236.7 million. Revenue from smartphone licensing grew 18% to $235.1 million, while consumer electronics, IoT, and automotive revenue surged 175% to $65.3 million.
For the third quarter of 2025, InterDigital expects revenue between $136 million and $140 million, below the consensus estimate of $147.4 million. The company forecasts adjusted earnings of $1.52 to $1.72 per share for Q3, also below the $1.99 analyst consensus.
Despite the softer Q3 outlook, InterDigital raised its full-year 2025 revenue guidance to a range of $790 million to $850 million, up from its previous forecast of $660 million to $760 million. The company also increased its full-year adjusted EPS guidance to $14.17 to $14.77, compared to its earlier projection of $9.69 to $12.92.
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