InterDigital (NASDAQ:IDCC) offered investors a pleasant surprise in its just-reported reported its Q4 and 2012 results. For the quarter, the company's revenue advanced by 14% on a year-over-year basis to just under $88 million. Net profit came in at $15.5 million ($0.38 per diluted share), which was 32% lower than Q4 2011's $22.8 million ($0.50).
Analysts, however, were expecting EPS of only $0.06 per share on $62 million in revenue.
For the full year, the top line doubled and then some to land at $663 million, while net income more than tripled to $271.8 million ($6.26 diluted EPS). Those numbers for 2011 were $302 million and $89.5 million, respectively.
In the press release announcing the results, InterDigital quoted CFO Richard Brezski as saying that the company expects $46 million to $47 million in revenue for the current quarter. That far exceeds the average analyst expectation of around $35 million.
Fool contributor Eric Volkman and The Motley Fool have no position in InterDigital. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.