WILMINGTON, DE — InterDigital, Inc. (Nasdaq: IDCC) has unveiled ambitious financial goals, aiming for $1 billion in annual recurring revenue and $600 million in adjusted EBITDA by 2030.
This announcement was made during a recent investor day, highlighting the company’s strategic growth plans. President and CEO Liren Chen emphasized, “In the past four years, we have almost doubled our revenue, improved our execution across the business, and taken multiple steps to enhance shareholder value.”
InterDigital plans to leverage its innovations in wireless, video, and AI to achieve these targets, capitalizing on expanding market opportunities.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.