InterDigital stock pops as IDCC outlook and licensing fights grab traders’ attention
InterDigital shares jumped about 8.5% Friday morning after the company issued 2026 revenue guidance and highlighted growth in recurring licensing revenue. Fourth-quarter revenue fell 37% to $158.2 million, with catch-up revenue plunging to $12.6 million. Adjusted earnings per share beat analyst estimates. Management flagged rising litigation costs and upcoming demos at Mobile World Congress.