InterDigital Blows Away Analyst Expectations
February 20, 2013 at 17:17 PM EST
InterDigital (NASDAQ: IDCC ) posted fourth quarter earnings results after the bell on Wednesday. The company's earnings per share came in at $0.38, significantly more than the $0.01 estimate. Revenue was also much greater than expected at $87.9 million; the consensus estimate was for $61.17 million. Shares were halted before