Interdigital Inc

NASDAQ:IDCC   3:59:56 PM EDT
69.15
+3.76 (+5.75%)
Other Pre-Announcement

Interdigital Issues Expense Guidance For Second Quarter 2021

Published: 06/17/2021 13:02 GMT
Interdigital Inc (IDCC) - Interdigital Issues Expense Guidance for Second Quarter 2021.
Interdigital - Anticipates Taking a Non-recurring, Net Charge of About $28-$32 Million, With About Two-thirds of Charge Expected to Be Recognized in Q2.
Interdigital - Charge Includes $12-14 Million Non-cash Impairment Associated With Consolidated Partially Owned Subsidiary's Anticipated Disposal of Assets.
Interdigital Inc - Expects Total Q2 2021 Operating Expenses to Be $91-96 Million.