InterDigital Inc (IDCC) Quote

Used the wrong alias I'd guess?

Somehow, I posted the following message on the VPLM board!
LOOP; I hope you are well. I am concerned by M3S's post asking if anybody has seen you lately.

I have been missing from this board for many years now as explained in my earlier message. I was visiting just for old times' sake but, when I saw how well the stock is doing, I have decided to place some trades. My newest options strategy is built around straddles at earning time. For IDCC I am thinking of buying 145 strike Nov calls and 135 strike puts with the same expiration date.

Since I am basically ignorant about the recent performance of the stock, I think I will wait a while to place the trades. Do you have any insights into the stock?

Possible changes in my trades. Use December expiration instead of Nov. This variation costs a little more. but it does protect against a delayed reaction to good (or bad news.

Reverse the call and put strike prices: buy $145 puts and 135 calls. MUCH MORE EXPENSIVE initially, but increases chan es of being in the money at or even before expiration.

Thanks, my3s.

At this time we are waiting on the IDCC and Samsung arbitration rate decision for wireless devices which will be for the period commencing Jan 1, 2023 forward. In addition Samsung is licensed for their televisions,

We are still fighting it out with Lenovo in the US and India. And Oppo and Realme in India. Of course they are Chinese companies.

thanks, my3s. I cannot think of anybody better to bring me up to speed!

Has anyone heard from Loophole lately?

Loop are you out there?

Good to hear from you.

Hello GUYS! I just dropped in for old times' sake. I am sooo glad that most of the old crew is still around- I have already sen Manx read the newest posts by Vegas, amr, bagerkid and my3s. I am so gad that the stock has been doing well, I have been so involved in my current investments (primarily TSLA

Liren Chen
President and CEO at InterDigital, Inc.

Rajesh, Milind and Doug are the best experts in our industry to explain 6G. This is a great opportunity to learn from them.

Join #InterDigital next week at the #6GSymposium inviting leaders in technology, policy, and business to discuss the fundamental issues facing #6G development. Hear from InterDigital's #CTO Rajesh Pankaj, Head of #l. #standards ushering in new wireless capabilities and services.

https://www.linkedin.com/safety/go?url=https%3A%2F%2Flnkd.in%2Fg9y2CpS%3Ftrk%3Dfeed-detail_main-feed-card_reshare-text

The day's volume traded was 882.93k and that may be a farewell salute to some short players. Have a great weekend!

an additional 450,000 shares just showed up at the close.

Newer high, $140.86. Keep the fun going right into the weekend.

New high @140.60!

Vegas, with institutional ownership over 100% and a fair amount of retail investors, I do have to wonder why staying short makes any sense. I realize that there are strategies that go beyond the usual methods of investing that we as retail investors engage in, but there does come a point where the shorts run out of steam, but just as likely they get replaced by new shorts if we're not seeing a decline in the short interest.

As for the Alabama game (fiasco), that game was scheduled a number of years ago. No one consulted with me regarding that scheduling. Now we head off to USC to take our next beating next weekend. As for attending the game, it was a hot sunny day, the F-35 flyover was awesome (the sound of freedom), the band did a tribute to Jimmy Buffett during halftime, and the Jump Around was as fun as always. Had we not lost our QB to an injury so early in the game, the score possibly would have been slightly less disgusting. Man, UW football has a lot of work to do - Alabama was big - kind of like Badger teams of old.

Good luck to the IDCC longs.

Badgerkid

Maybe when the Samsung arbitration rate decision is announced a number of the shorts will be toasted on a margin call. At least I hope so.

I am tired of the collar on the share price.

tnyellowtomcat, A person can only stay short as long as they can cover the margin calls.

Imagine being delusional enough to think that perhaps a nuclear war will save you from a money losing short of IDCC stock!!

Tomcat

Vegas,

Over decades, many companies finally go bust (or become huge or get bot), or perhaps the world ends?

Perhaps our shorts are willing to wait for decades, instead of giving up and taking their losses now? Can you imagine paying dividends on shorted shares for ... decades?? Then there is the REAL possibility of compounded capital losses!

For example: Can you imagine shorting Google shortly after its IPO, then getting stubborn and staying short?

Tomcat

Badgerkid, The important takeaway from the short interest is that since 7/15 short interest has been around 5M. The high was only around $123 so whoever covered the 600K decided they had enough and ate a big loss. Another word to the wise do not play Alabama...

InterDigital Wins Two CSI Awards for Best Immersive Video and Video Processing Technology
Company Release - 9/16/2024
InterDigital awarded for contributions to MPEG immersive standards and Advanced HDR solutions
WILMINGTON, Del., Sept. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, was awarded two CSI Awards recognizing excellence in video processing solutions and the delivery of immersive video experiences. The CSI awards, organized by the Cable and Satellite International (CSI) Magazine, recognize innovation and excellence in the cable, satellite, broadcast, IPTV, telco, broadband/OTT video, mobile TV and associated sectors. The annual awards are presented at the International Broadcasting Convention (IBC) and were announced on September 13, 2024.

“The prestigious CSI Awards have recognized the impact of our foundational research on immersive video and HDR solutions, and I congratulate our team of engineers and inventors who made this recognition possible,” said Chief Technology Officer Rajesh Pankaj. “These awards are a testament to the caliber of our research and innovation impact across the industry.”

In the category of Best Immersive Video, InterDigital was awarded for cutting-edge video innovation and contributions to MPEG immersive standards that play a significant role in ensuring interoperability across immersive experiences, maintaining data rates that are sustainable, and innovating solutions to deliver immersive experiences at scale. The MPEG Visual Volumetric Video-based Coding (V3C) standard defines the general mechanism for coding and streaming volumetric content through two main codecs: Video-based Point Cloud Compression (V-PCC) and MPEG Immersive Video (MIV). InterDigital is a leading contributor to both codecs, which can be applied across a variety of immersive-enhanced experiences, from entertainment, to telelearning, and increasingly to the delivery of live and esports, with assurance that the content can be enjoyed efficiently and seamlessly at scale across a variety of devices. InterDigital is also a pioneer in the MPEG-I Haptics standard, which will outline how to create, stream, and render haptic content at scale, and is exploring how to translate and distribute large scale haptic-enhanced immersive video experiences to audiences with varying device capabilities and requirements.

In the category of Best Video Processing Technology, InterDigital was awarded for contributions to Advanced HDR by Technicolor solutions that optimize HDR technology for OTT streaming by providing a superior viewing experience without increasing processing and bandwidth requirements. A collaboration between InterDigital, Philips and Technicolor, Advanced HDR by Technicolor is a suite of high dynamic range (HDR) production, distribution and display solutions that leverage machine learning to maximize the image quality of any HDR format. Ensuring legacy SDR content meets modern HDR standards, InterDigital contributes to Advanced HDR capabilities that empower seamless integration of SDR and HDR content into a single workflow, while reducing costs through automatic conversion.

To learn more about the 2024 CSI Award winners, please click here.

InterDigital Announces Annual Recurring Revenue Target Of $1 Billion By 2030
Company Release - 9/16/2024
WILMINGTON, Del., Sept. 16, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, has announced targets of $1 billion in annual recurring revenue and $600 million in adjusted EBITDA by 2030.

“In the past four years, we have almost doubled our revenue, improved our execution across the business, and taken multiple steps to enhance shareholder value,” noted Liren Chen, President and CEO, InterDigital. “Based on our world-class innovation in wireless, video and AI, accelerating momentum across the business, the large addressable markets available to us, and new greenfield opportunities, we believe we are perfectly positioned to deliver significant growth in revenue and profitability in coming years.”

InterDigital’s executive team announced and discussed the new targets at a recent investor day. Links to investor day materials can be found below:

The presentation is here.

A full replay is here.

About InterDigital®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit the InterDigital website: www.interdigital.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding our current beliefs, plans and expectations. Words such as “believe,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “forecast,” “goal,” “could,” "would," "should," "if," "may," "might," "future," "target," "trend," "seek to," "will continue," "predict," "likely," "in the event," and variations of any such words or similar expressions are intended to identify such forward-looking statements.

Forward-looking statements are made on the basis of management’s current views and assumptions and are not guarantees of future performance. Forward-looking statements are inherently subject to risks and uncertainties that could cause actual results, and actual events that occur, to differ materially from results contemplated by the forward-looking statements. These risks and uncertainties include, but are not limited to: (i) unanticipated delays, difficulties or accelerations in the execution of patent license agreements; (ii) the resolution of current legal proceedings, including any awards or judgments relating to such proceedings, additional or related legal proceedings, including appeals, changes in the schedules or costs associated with such proceedings or adverse rulings; (iii) our ability to leverage our strategic relationships and secure new patent license agreements on acceptable terms; (iv) our ability to enter into sales and/or licensing partnering arrangements for certain of our patent assets; (v) our ability to expand our revenue opportunities by entering into licensing arrangements with video streaming and other cloud-based service providers; (vi) our ability to enter into partnerships with leading inventors and research organizations; (vii) our ability to identify and pursue strategic acquisitions of technology and patent portfolios and other strategic growth opportunities; (viii) our ability to commercialize our technologies and enter into customer agreements; (ix) the failure of the markets for our current or new technologies to materialize to the extent or at the rate that we expect; (x) our continued ability to develop new technologies and secure new patents, including the risk of unexpected delays or difficulties related to the development of our technologies; (xi) risks associated with our capital allocation strategies, including risks associated with our planned dividend payments and share repurchases; (xii) changes in our interpretations of, and assumptions and calculations with respect to the impact on us of, the 2017 Tax Cuts and Jobs Act, as well as further guidance that may be issued regarding such act; (xiii) risks related to the potential impact of new accounting standards on our financial position, results of operations or cash flows; (xiv) failure to accurately forecast the impact of our restructuring activities on our financial statements and our business; (xv) the timing and impact of potential regulatory, administrative and legislative matters; (xvi) changes or inaccuracies in market projections; (xvii) our ability to obtain liquidity though debt and equity financings; (xviii) the potential effects that macroeconomic uncertainty could have on our financial position, results of operations and cash flows; (xix) impacts from acts of terrorism, war or political or civil unrest, or any responses thereto, in the United States or elsewhere; (xx) changes in our business strategy; (xxi) changes or inaccuracies in our expectations with respect to royalty payments by our customers and (xxii) risks related to our assumptions and application of relevant accounting standards, including with respect to revenue recognition.

We undertake no duty to revise or update publicly any forward-looking statement for any reason, except as otherwise required by law.

InterDigital Contact:
InterDigital Investor Relations
Email: investor.relations@interdigital.com
+1 (302) 300-1857

IBC demo in amsterdam today must be turning some heads ? anyone have anything on this

--Roth MKM Adjusts Price Target on
InterDigital to $160 From $146, Maintains Buy
Rating
MT Newswires 08:08AM ET, 09/11/2024

Short interest finally saw a drop:
08/30/2024 4,396,565
08/15/2024 4,999,206
07/31/2024 4,982,695
07/15/2024 4,924,689
06/28/2024 4,650,211
06/14/2024 4,457,754
05/31/2024 4,404,119
05/15/2024 3,680,204

Jefferies analyst Blayne Curtis says InterDigital set “strong” long-term targets and provided significant detail on the ongoing business, adding that the largest update at the company’s investor day was the quantification of the streaming potential. While the event provided a good view into the opportunity ahead, and the firm sees more room for the upside case following the investor day, it still views InterDigital as “a show me story” without more evidence on the ability to get China smartphone vendors and greenfield streaming companies to pay. Jefferies has a Hold rating and $130 price target on InterDigital shares.

I believe the 1b+ is recurring only, if I am not mistaken, per the investor day presentation. Hence, the total revenue (recurring plus catchup) and the per share earning of $19 as stated on the last post would be higher..AMHO..

IMO...assuming 408 million in Recurring in 2024 (assuming same as 2023), from investor day presentation, to grow Recurring from 408m to 1billion+ in 6 years, the CAGR would be roughly 16. Assuming 60% margin, before tax earning would be 600m. Assuming 21% tax, after tax would be 480m and using the 25m shares, the after tax earning would be roughly 19...Using a PE of 10, the share price should be 190 and if using the PE of 16, the share price would be 300...The key will be execution by the management team to reach the target in 2030.

BoA not impressed, keeps target at 100- says the future has to be proven

Roth MKM raises target to 160 from 146

1 billion in revenue est 2030...profit margin 70%,,,puts net revenue at 700 million , with 25 million shares gives it a $28 pre tax, then the multiple times earnings at 20 ? pretty nice...wishful thinking,

Thanks Howard Goldberg.

They can put the transmission in the Gremlin.

sammdogg1 - I had the same thought about the transmission! LOL

How about the keys to the ignition.

Now all we have to do is find that pesky transmission.

Anyone want to give some details as why? Mr Market sure doesn't seem impressed>

orientbull - I certainly agree. This is (in my opinion) the best presentation the company has ever offered. If you have registered for the live presentation, you may submit questions at this time.

Excellent presentations on investor day..Undervalued company compared to peers..IMO.. the stock will go much higher compared to the current price..AMHO

From investor day, Target: 1B+ revenue company by 2030..500m recurring in smartphones by 2027...eom

nterdigital Announces Increase of Regular Quarterly Cash Dividend
Company Release - 9/10/2024
WILMINGTON, Del., Sept. 10, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend from $0.40 to $0.45 per share.

The increase in the regular quarterly dividend will take effect beginning with the dividend paid in fourth quarter 2024. The Board of Directors also declared a regular quarterly cash dividend of $0.45 per share on its common stock, payable on October 23, 2024, to shareholders of record at the close of business on October 9, 2024.

Dividend bump to .45/qtr

InterDigital CEO Calls Company an "Engine" in Telecomm Industry
05 SEP 2024

Liren Chen, CEO & President of InterDigital (IDCC), says his company has "one of the most profitable portfolios" in the industry. He joins Oliver Renick to talk about InterDigital's partnerships with Alphabet (GOOGL) and Apple (AAPL), and how the company is positioning itself in the A.I. trade.

https://schwabnetwork.com/video/interdigital-ceo-calls-company-an-engine-in-telecomm-industry

I'm still ahead on those shares I bought in 1991 for $3 and change, which is nice. I'm hoping to receive total consciousness.

Down $7 in a week, and red to day. What gives. Why they do downward movement.

Hey shorts are you having fun. Goodness will change the price direction. At this point we do not know how the quarter will end in 20 days. However, it may be a surprise to all.

At 6GSymposium, InterDigital to Lead Crucial Discussions on Emerging Use Cases and Avenues Towards 6G Profitability
Company Release - 9/9/2024
CTO Rajesh Pankaj and Head of Wireless Labs Milind Kulkarni among speakers as InterDigital returns as Symposium partner
WILMINGTON, Del., Sept. 09, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, announced its return to the 6GSymposium alongside partners Northeastern University Institute for the Wireless Internet of Things, Next G Alliance, and host 6GWorld. InterDigital is a founding partner of the 6GSymposium, which is now in its fifth year. The 2024 Fall Symposium focuses on “Crucial Conversations” and invites leaders in technology, policy, and business to discuss the fundamental issues facing 6G development, including the value it can create and where it is best applied.

The 6GSymposium will take place in Washington, D.C. on September 23 - 24 and will feature executive and expert panel discussions with industry leaders, including InterDigital CTO Rajesh Pankaj and Head of Wireless Labs Milind Kulkarni. Doug Castor, InterDigital’s Senior Director and Head of Wireless Research will introduce a keynote session exploring the most compelling use cases for the ‘next G’ and participate in a panel exploring the global standards ushering in new wireless capabilities and services.

The following details InterDigital’s participation in the Symposium.

Monday, September 23

What’s The Most Compelling Use Case for the Next G? 1:00 – 2:00

InterDigital’s Doug Castor will introduce this keynote conversation featuring perspectives from FCC Commissioner Geoffrey Starks, Nokia President of Bell Labs Core Research Peter Vetter, ATIS VP of Technology Policy and Government Affairs David Young, and TIA CEO David Stehlin on the possible avenues to make 6G more likely to be important and useful to end users. More here.

How Do We Make the 6G Transformation Profitable? 3:30 – 4:30

In a panel discussion exploring the avenues to ensure the 5G to 6G transition is one of technical and commercial growth, InterDigital’s Rajesh Pankaj will share insights on the role of innovation and standardization to enhance the ROI for 6G and will speak alongside industry executives including Rakuten Symphony CMO Geoff Hollingworth, Accenture Cloud First Chief Strategy Officer Jefferson Wang, and Echostar CTO Eben Albertyn. The panel will be moderated by More with Mobile Founder Ken Figueredo. More here.

Tuesday, September 24

New Features to Enable New Markets 11:30 – 1:00

The success of a 6G-era cellular market is likely to demand new services that have not been seen in prior generations and will depend on key technology enablers for growth. In this session, InterDigital’s Milind Kulkarni will share his expertise on emerging 6G features and capabilities, alongside industry experts Diane Rinaldo, Executive Director of the Open RAN Policy Coalition, Ray Dolan, CEO of Cohere Technologies, and Mark Kahn, Senior Fellow and Principal Investigator for 5G.Mil at Lockheed Martin. The discussion will be moderated by Ian Wong, Senior Director in the Office of the CTO at Viavi. More here.

A Global Next G: Global Standards, Global Services? 2:45 – 3:30

While institutions like the ITU and 3GPP present a global standards framework to usher in new generations of communications capabilities, countries around the world are exploring distinct agendas and avenues to leverage the possibilities of a ‘global’ 6G. InterDigital’s Doug Castor, Co-Chair of the ATIS Next G Alliance Steering Group, will join Bharat 6G Alliance Board Member Kiran Kuchi, Director of NICT’s Beyond 5G Design Initiative Kentar Ishizu, and ITRI Research Consultant Mitch Tseng in this discussion moderated by SNS-JU Head of Programmes Javier Albares. More here.

The full 6GSymposium agenda and registration details can be found here.

About InterDigital ®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:
Roya Stephens
Email: Roya.Stephens@interdigital.com
+1 (202) 349-1714

lumpy3 - You've caught the same connection regarding the Germany exclusion situation with Lenovo that I noticed. Looking at the link from Lenovo about the new products they will introduce, I feel some are definitely covered in this litigation with InterDigital.
Maybe our Investor Day event on Tuesday will help us understand.

gamco could you elaborate ? keeping up with the court cases, the UK case was under appeal due to the rate settings , and i thought lenovo was banned in germany in their court case ? so would this be an indicator of the settlement with lenovo or is this an indication attempt at buying favor in the german economy ?....it still amazes me that we only have a 13.4 p/e , it seems with our growth rates we should be at 20+

Why would Lenovo choose Germany to promo their newest laptops? Makes me wonder???

Berlin, Germany – 5 September 2024 – Lenovo™, a global leader in technology innovation, proudly announces a series of groundbreaking products at Lenovo Innovation World 2024, each designed to redefine the future of professional computing and artificial intelligence. At a special event hosted in Berlin, the highlights include the newly designed premium...

https://news.lenovo.com/pressroom/press-releases/lenovo-unveils-groundbreaking-ai-pc-innovations-at-lenovo-innovation-world-2024-to-power-business-users-in-the-ai-era/

.

It must be our unattractive PE ratio of 13.52 that is keeping the share price under $140.00

A line from the article. "With a short interest of 20%, InterDigital, Inc. (NASDAQ:IDCC) is a stock that many short sellers consider to be a bad investment."

So is IDCC a bad investment for short sellers? or are the short sellers, out of the kindness in their hearts, telling longs that IDCC is a bad investment?

This AR "Warning, danger, danger, Will Robinson" article on AR and IDCC is obviously a brainchild of the shorts in IDCC. It may come up to bite them in the A$$, if Augmented Reality becomes as popular as Artificial Intelligence.

IDCC will come up in more searches on AR as a result of this article. More IDCC buyers faster, if AI gets trendy!

IMHO - Tomcat