InterDigital exceeds Q3 sales estimates, still searches for a buyer

InterDigital, the patent company that has been shopping itself around, reported third-quarter sales that exceeded analyst estimates. The company also said that it continues to be in discussions about strategic options for the company, including an outright sale. The company's sales came in at $76.5 million, which exceeded the $72.1 million that analysts had forecast. Net income fell to $26.2 million, or 57 cents per share, InterDigital said. InterDigital holds some 1,300 patents. Article

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