Business & Tech

InterDigital Reports $35.5M In Profit

On a per-share basis, the Wilmington, Delaware-based company said it had net income of $1.

WILMINGTON, DE — InterDigital Inc. said it had third-quarter profit of $35.5 million on Thursday.

On a per-share basis, the Wilmington, Delaware-based company reported net income of $1.

The wireless research and development company posted revenue of $97.3 million in the period.

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InterDigital shares have declined 18 percent since the beginning of the year. The stock has dropped nearly 7 percent in the last 12 months.

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