InterDigital, Inc. (NASDAQ: IDCC) announced its FY 2026 outlook with revenue between $675-$775 million and adjusted EBITDA of $381-$477 million, citing a new license agreement with LG Electronics and a smartphone renewal with a Chinese vendor. Diluted EPS for FY 2026 is expected to be between $5.77-$8.51.

A new agreement with LG Electronics licenses computer display monitors and digital TVs under InterDigital, Inc.’s joint program with Sony, including technologies like ATSC 3.0, Wi-Fi, and video codecs.

Roth Capital reiterated a “Buy” rating on InterDigital, Inc. (NASDAQ: IDCC) with a $425 price target, highlighting the company’s agreement with LG.

InterDigital, Inc. (NASDAQ: IDCC) operates globally as an R&D company focusing on wireless, visual, AI, and related technologies.

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Read more at Yahoo Finance: InterDigital (IDCC) Announces Outlook for FY 2026