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Technology Stocks : Interdigital Communication(IDCC)
IDCC 385.68+1.1%Nov 5 3:59 PM EST

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From: Eric L7/29/2009 9:22:41 AM
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InterDigital (IDCC) Q2 2009 Earnings

Good results. InterDigital beat consensus estimates. No apparent nasty surprises at 1st glance

>> InterDigital Announces Second Quarter 2009 Financial Results

Net Income Totals $26.4 Million, or $0.59 Per Share

InterDigital, Inc.
King Of Prussia, PA
Jul 28, 2009

tinyurl.com

InterDigital, Inc. (NASDAQ:IDCC) today announced financial and operating results for the second quarter ended June 30, 2009. Highlights for second quarter 2009 include:

• Revenue of $74.9 million, an increase of 28 percent over second quarter 2008

• Operating expenses of $34.7 million, a 32 percent decrease from second quarter 2008

• Net income of $26.4 million, or $0.59 per diluted share, more than four times greater than second quarter 2008

• Ending cash and short-term investments of $216.6 million

• Repurchase of $14.7 million, or 0.6 million shares, of common stock through June 30, 2009.

... <Snip Rest: See full report at link above> ###

The Earnings CC: This morning at 10:00 EDT ...

ir.interdigital.com

- Eric -
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