- Net operating cash flow has significantly increased by 93.91% to -$1.78 million when compared to the same quarter last year. Despite an increase in cash flow, INTERDIGITAL INC's cash flow growth rate is still lower than the industry average growth rate of 108.45%.
- The gross profit margin for INTERDIGITAL INC is currently very high, coming in at 100.00%. IDCC has managed to maintain the strong profit margin since the same quarter of last year. Despite the mixed results of the gross profit margin, IDCC's net profit margin of 29.60% compares favorably to the industry average.
- The revenue fell significantly faster than the industry average of 17.3%. Since the same quarter one year prior, revenues fell by 19.2%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- INTERDIGITAL INC's earnings per share declined by 35.5% in the most recent quarter compared to the same quarter a year ago. Earnings per share have declined over the last two years. We anticipate that this should continue in the coming year. During the past fiscal year, INTERDIGITAL INC reported lower earnings of $1.94 versus $3.43 in the prior year. For the next year, the market is expecting a contraction of 22.2% in earnings ($1.51 versus $1.94).
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Communications Equipment industry. The net income has significantly decreased by 33.6% when compared to the same quarter one year ago, falling from $34.31 million to $22.77 million.
TheStreet Ratings Top 10 Rating Changes
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.