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InterDigital, Inc. (IDCC) Q3 2024 Earnings Call Transcript Summary

InterDigital, Inc. (IDCC) Q3 2024 Earnings Call Transcript Summary

InterDigital,Inc.(IDCC)2024年第三季度業績會文本摘要
富途資訊 ·  11/01 04:13  · 電話會議

The following is a summary of the InterDigital, Inc. (IDCC) Q3 2024 Earnings Call Transcript:

以下是interdigital公司(IDCC)2024年第三季度業績會實錄摘要:

Financial Performance:

金融業績:

  • Q3 2024 revenue reached approximately $129 million, exceeding guidance,

  • Raised 2024 annual revenue guidance by $145 million to $860 million,

  • Catch-up revenue contributed $30 million in Q3 while recurring revenue amounted to $99 million,

  • Adjusted EBITDA in Q3 was $65 million, significantly surpassing the range of $36 million to $39 million,

  • Non-GAAP EPS for Q3 reported at $1.63 per share, well above the anticipated $0.70 to $0.80,

  • Cash from operations stood at $78 million with $65 million in free cash flow.

  • 2024年第三季度營業收入達到約12900萬美元,超過了指引,

  • 將2024年年度營業收入指引上調了14500萬美元至86000萬美元,

  • 第三季度補償收入貢獻了3000萬美元,而循環收入達到了9900萬美元,

  • 第三季度調整後的EBITDA爲6500萬美元,大大超過了3600萬美元至3900萬美元的區間,

  • 第三季度的非GAAP每股收益爲1.63美元,遠高於預期的0.70美元至0.80美元,

  • 經營活動現金爲7800萬美元,自由現金流爲6500萬美元。

Business Progress:

業務進展:

  • Signed a new licensing agreement with Oppo Group covering worldwide sales of Oppo, realme, and OnePlus branded mobile devices,

  • Newly formed licensing agreements in Q3 including a deal with TPV, a top ten TV vendor, which also includes licensing for Sony and InterDigital's HEVC video assets,

  • Expanded licensing deals with Panasonic covering 4G, 5G, WiFi, and HEVC patents,

  • Q4 began with the signing of a binding global arbitration agreement with Lenovo,

  • Listed as top patent owners in 5G, WiFi and advanced video compression according to LexisNexis.

  • 與Oppo集團簽署了一項新的許可協議,涵蓋了Oppo、realme和OnePlus品牌的移動設備全球銷售,

  • 第三季度新訂許可協議包括與TPV的交易,這是一家十大電視供應商,還包括對Sony和interdigital的HEVC視頻資產的許可,

  • 與松下擴大了涵蓋4g、5g、wifi和HEVC專利的許可協議,

  • 第四季度伊始,與lenovo簽署了一份具有約束力的全球仲裁協議,

  • 根據LexisNexis的數據,在5g、wifi和高級視頻壓縮方面被列爲頂級專利擁有者,

Opportunities:

機會:

  • Growth bolstered by recently initiated and pending licensing agreements leveraged towards significant annual recurring revenue targets,

  • Focusing on increasing licensing in smartphone, consumer electronics, IoT, and exploring new opportunities in video streaming services.

  • 近期啓動和待處理的許可協議加強了增長,利用這些協議朝着重要的年度循環營業收入目標發展,

  • 專注於增加智能手機、消費電子、物聯網領域的許可,並在視頻流媒體服務方面探索新機會。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。

譯文內容由第三人軟體翻譯。


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