InterDigital, Inc. Updated Guidance for Third Quarter 2022. The company announced that it expects third quarter 2022 total revenue to be between $112 million and $115 million, up from its previous expectations of $96 million to $100 million. The updated guidance includes approximately $100 million of recurring revenue and reflects continuing success in the core smartphone licensing program as well as new licensing agreements signed within consumer electronics, automotive and IoT revenue category.
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