InterDigital Issues Financial Guidance for First Quarter 2012
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)-- InterDigital, Inc. (NASDAQ: IDCC) today announced financial guidance for first quarter 2012. InterDigital® expects first quarter 2012 revenue to be approximately $69 million. This revenue guidance does not include the potential impact of any additional new agreements that may be signed during first quarter 2012 or the potential impact of any royalties identified in audits regularly conducted by the company.
"The projected revenue for first quarter 2012 reflects a shift in market share from certain of our per-unit licensees to licensees with other types of agreements," commented Scott McQuilkin, InterDigital's Chief Financial Officer.
and this is the type of hard hitting management calls that is why scottie got a $132K bonus! ...couldn't help myself