InterDigital's Return On Capital Employed Overview
Portfolio Pulse from Benzinga Insights
InterDigital (NASDAQ:IDCC) reported Q1 earnings of $103.52 million, a 223.44% increase from the previous quarter, and sales of $202.37 million, a 72.89% increase since Q4. The company posted a return on capital employed (ROCE) of 0.17%, indicating effective capital allocation.
May 18, 2023 | 2:47 pm
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POSITIVE IMPACT
InterDigital's Q1 earnings and sales increased significantly, with a positive ROCE of 0.17%, suggesting effective capital allocation and potential for future growth.
InterDigital's Q1 earnings and sales increased by 223.44% and 72.89% respectively, indicating strong growth. The positive ROCE of 0.17% suggests that the company is allocating capital effectively, which is a positive indicator for future growth and higher earnings per share. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100