InterDigital said Thursday it expects its Q3 revenue...
InterDigital said Thursday it expects its Q3 revenue will be $55 million-$56 million, including up to $44 million in current revenue and about $12 million it received from Pegatron as part of an arbitration award. The company said it received…
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an additional award through arbitration involving one of its technology licensing agreements. The arbitration panel found InterDigital was entitled to royalties based on an agreed-upon rate. The licensee, which InterDigital did not disclose, had a deferred revenue balance of $52.6 million as of June 30. InterDigital said it’s still reviewing the award and discussing it with its auditors (http://bit.ly/1dwHFBg).