nterDigital Inc. (IDCC) said that it expects fourth quarter revenue to be in the range of about $75 million to $76 million. Analysts polled by Thomson Reuters expect the company to report revenue of $77.53 million for the quarter.
"Fourth quarter 2009 revenue reflects some weakness in per unit royalties from our Japanese-based licensees offset by a full quarter's contribution from our new licensee, Pantech, and solid sales by our Smartphone licensees," the company said.
The company noted that the outlook does not include the potential impact of any new agreements that may be signed during fourth quarter 2009 or the potential impact of any additional royalties identified in audits regularly conducted by the company.
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