SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Interdigital Communication(IDCC)
IDCC 312.02+1.0%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bobby Yellin who started this subject11/1/2002 7:16:54 PM
From: Gus  Read Replies (1) of 5195
 

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Nov. 1, 2002--InterDigital Communications Corporation, a leading architect, designer and provider of wireless technology and product platforms, today announced that it now expects that full year 2002 revenue will be close to 40% higher than that reported in 2001.

The Company also reiterated that it expects 2002 cash flow to be near breakeven. In the Company's second quarter earnings release, InterDigital said that it was optimistic that it would achieve 30% to 40% revenue growth in 2002. The updated guidance is based on improved visibility into projections of handset sales by a key licensee.

InterDigital also indicated that it expects to report revenues for the third quarter 2002 of approximately $14.7 million. The Company is scheduled to release its third quarter 2002 financial results before the market opens on Tuesday, November 12, 2002.

biz.yahoo.com
 
Interdigital (IDCC)
Selected Financials
1Q01-4Q02

        Total              Total Operating Deferred  Cash/
        Royalties  Others+Revenue Expenses Revenue   Inv.

1Q2001  $ 8.0M    $ 6.7M   $14.7M   $17.4M $ 69.0M $ 87.2M
2Q2001    7.0M      8.0M    15.0M    17.9M   92.4M   66.2M
3Q2001    9.9M      4.6M    14.5M    19.5M   75.2M   95.0M
4Q2001    6.0M      2.4M     8.4M    18.3M   72.9M   90.4M

FY2001  $30.9M    $21.7M   $52.6M   $73.1M $ 72.9M $ 90.4M

1Q2002  $19.0M    $ 1.9M   $20.9M   $19.5M $106.0M $ 78.5M
2Q2002   23.5M*     1.6M    25.1M    20.6M  103.5M   98.0M
3Q2002    -          -     ~14.7M      -       -       -
4Q2002    -          -     ~12.9M      -       -       -

FY2002    -          -     $73.6M      -       -       -

+ Engineering services performed under 1999 Nokia contract

* Includes one-time accelerated recognition of Deferred Revenue of $6.9M.



Interdigital (IDCC)
Revenue Seasonality

            1H     2H     Total

FY2000     43.1%  56.9%    100%
FY2001     56.5%  43.5%    100%
FY2002     62.5%  37.5%    100%
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News