InterDigital: 2Q Rev About $71M
InterDigital Announces New $100 Million Stock Repurchase Authorization
http://ir.interdigital.com/releasedetail.cfm?ReleaseID=670518
"We remain very confident in our ability to create value," stated William J. Merritt, President and Chief Executive Officer. "In addition to our strong balance sheet, we expect to generate positive free cash flow in 2012 and future periods. Given our financial strength, we have the capacity to make investments in our core research and development and to look for new technology acquisition opportunities that are expected to drive future licensing opportunities, as well as to repurchase our stock, all of which we believe will further enhance shareholder value."