InterDigital: 4Q Earnings Snapshot

WILMINGTON, Del. (AP) _ InterDigital Inc. (IDCC) on Thursday reported fourth-quarter profit of $1.8 million.

On a per-share basis, the Wilmington, Delaware-based company said it had net income of 5 cents.

The wireless research and development company posted revenue of $75.3 million in the period.

For the year, the company reported profit of $63.9 million, or $1.81 per share. Revenue was reported as $307.4 million.

InterDigital shares have risen slightly more than 9 percent since the beginning of the year. The stock has dropped 5.5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IDCC at https://www.zacks.com/ap/IDCC