Rich Brezski

Money Moves

Reported Q3 financials that exceeded guidance across all metrics

InterDigital reported $193.4 million in third-quarter revenue on Oct. 29, up 17% from a year earlier and above its own guidance of $154 million to $158 million. The beat came from a patent license with PC maker Dell, whose final terms will be set through binding arbitration, plus the first revenue from a streaming and cloud services licensing program.

Updated Nov 2