Worth Another Laugh? <Interdigital Communications Corp. (IDC) expects a profitable year in 2000. > ROTFLMAO.
Interdigital 4Q Net 2c A Diluted Share Vs 36c
Interdigital Communications Corp. - King Of Prussia, Pa. 4th Quar Dec. 31: 1999 1998 Revenues $12,360,000 a $37,854,000 Net income 1,358,000 17,588,000 Avg shrs (basic) 48,295,000 48,427,000 Avg shrs (diluted) 53,128,000 48,427,000 Shr earns (basic) Net income .03 .36 Shr earns (diluted) Net income .02 .36 Year: Revenues 70,667,000 a 99,221,000 Net income b 26,706,000 36,968,000 Avg shrs (basic) 48,357,000 48,380,000 Avg shrs (diluted) 50,525,000 48,777,000 Shr earns (basic) Net income b .55 .76 Shr earns (diluted) Net income b .52 .75
a. Includes more than $35 million in revenue related to up-front payments from three new TDMA patent license agreements.
b. Includes repositioning charges of $1.2 million.
Interdigital Communications Corp. (IDC) expects a profitable year in 2000. The company said it is anticipating growth in recurring royalties, new licensees and further contributions from strategic engineering services during 2000.
-Sam Favate; Dow Jones Newswires; 201-938-5400
Briefing Book for: IDC |