Benzinga | Aug 6, 2020 10:04AM EDT

InterDigital Q2 EPS $0.72 Beats $0.64 Estimate, Sales $104.50M Beat $99.34M Estimate

InterDigital (NASDAQ:IDCC) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.64 by 12.5 percent. This is a 700 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $104.50 million which beat the analyst consensus estimate of $99.34 million by 5.19 percent. This is a 38.21 percent increase over sales of $75.61 million the same period last year.