InterDigital Confirms Q2 Revenue Guidance of $71M vs $66M Est

InterDigital, Inc. IDCC confirmed today its revenue guidance for the second quarter of 2012 of approximately $71 million, which includes approximately $9 million for the sale of four patent families in a separate transaction, as disclosed in the company's May 4, 2012 guidance release. This revenue guidance does not include the potential impact of any additional new license or sale agreements that may be signed during second quarter 2012 or the potential impact of any royalties identified in audits regularly conducted by the company.