Latest news with #IDCC
New Straits Times
3 days ago
- Entertainment
- New Straits Times
#SHOWBIZ: Syed Saddiq secures RM100k for Muar students' SPM prep at edu roadshow
KUALA LUMPUR: Muar Member of Parliament Syed Saddiq Abdul Rahman recently teamed up with prominent personalities, including singers Nabila Razali and Bella Astillah, for the "Mula Awal Skor A+ SPM" educational roadshow. The roadshow, aimed to boost students' performance in the SPM examinations, was held at the Ideal Convention Centre (IDCC) in Shah Alam and generated considerable excitement among 4,000 SPM candidates. The celebrities shared their personal experiences, offered valuable advice, and motivated the students preparing for the upcoming examinations. Syed Saddiq also received an educational sponsorship of RM100,000 from the event's organiser, PTTI Tuition Centre. This significant contribution is earmarked to assist underprivileged SPM students in Muar, Johor, providing them with access to tuition classes and improved learning facilities. Syed Saddiq emphasised that this initiative represents a crucial investment in the future of Malaysian children from low-income families. "I must express my deepest gratitude to the PTTI team for their huge contribution," he said. "Education is indeed a priority for our children, and not everyone has the opportunity or ability to access quality tuition classes." An additional sponsorship of RM20,000 was channelled directly to the former Youth and Sports Minister. This sum will be used to purchase laptops and tablets, which will be distributed to students ahead of the Hari Raya Aidiladha celebration. The PTTI SPM A+ Roadshow featured motivational talks by artistes such as Bella Astillah, MK of K-Clique, Iman Troye, Zaki Yamani, Nabila Razali, and Asyraf Khalid.
Yahoo
22-05-2025
- Business
- Yahoo
FPA Queens Road Small Cap Value Fund Started to Trim InterDigital (IDCC)
Investment management company First Pacific Advisors recently released its 'FPA Queens Road Small Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund returned -2.51% compared to a -7.74% return for the Russell 2000 Value Index. President Trump announced his tariffs on April 2nd, causing equity markets to decline sharply and increasing volatility. Additionally, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, FPA Queens Road Small Cap Value Fund highlighted stocks such as InterDigital, Inc. (NASDAQ:IDCC). InterDigital, Inc. (NASDAQ:IDCC) is a global research and development company that focuses on wireless, visual, artificial intelligence (AI), and related technologies. The one-month return of InterDigital, Inc. (NASDAQ:IDCC) was 11.91%, and its shares gained 95.19% of their value over the last 52 weeks. On May 21, 2025, InterDigital, Inc. (NASDAQ:IDCC) stock closed at $214.48 per share with a market capitalization of $5.563 billion. FPA Queens Road Small Cap Value Fund stated the following regarding InterDigital, Inc. (NASDAQ:IDCC) in its Q1 2025 investor letter: "InterDigital, Inc. (NASDAQ:IDCC) is a research and development organization that develops and acquires wireless communication and video patents. The company has a history of strong financial performance, opportunistically buys back shares, and pays a modest dividend. IDCC has been successfully renewing its wireless licensing agreements (Apple in 2022, Samsung in 2023) and has a growing stream of recurring licensing revenues across consumer electronics, internet of things (IoT) and automotive customers. CEO Liren Chen joined in 2021 from Qualcom and has been hiring other former Qualcom managers. The company's share price was strong in 2024 on growing revenue, profitability, and buybacks. We began trimming our IDCC position this year." A technician installing advanced cellular equipment at a 5G cell tower. InterDigital, Inc. (NASDAQ:IDCC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 34 hedge fund portfolios held InterDigital, Inc. (NASDAQ:IDCC) at the end of the fourth quarter which was 23 in the previous quarter. While we acknowledge the potential of InterDigital, Inc. (NASDAQ:IDCC) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered InterDigital, Inc. (NASDAQ:IDCC) and shared FPA Queens Road Small Cap Value Fund's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-05-2025
- Business
- Yahoo
InterDigital: Q1 Earnings Snapshot
WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — InterDigital Inc. (IDCC) on Thursday reported profit of $115.6 million in its first quarter. On a per-share basis, the Wilmington, Delaware-based company said it had profit of $3.45. Earnings, adjusted for one-time gains and costs, came to $4.21 per share. The wireless research and development company posted revenue of $210.5 million in the period. For the current quarter ending in June, InterDigital expects its per-share earnings to range from $1.90 to $2.11. The company said it expects revenue in the range of $165 million to $170 million for the fiscal second quarter. InterDigital expects full-year earnings in the range of $6.79 to $9.67 per share, with revenue ranging from $660 million to $760 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on IDCC at Sign in to access your portfolio
New Straits Times
24-04-2025
- Business
- New Straits Times
Zaiyadal hosts Raya do honouring partners, communities
SHAH ALAM: Zaiyadal Sdn Bhd welcomes over 1,000 guests at its Hari Raya open house celebration today in a spirit of togetherness and festivity. The event at IDCC Shah Alam was marked by warm hospitality, a variety of traditional delicacies and meaningful community engagement. As part of its corporate social responsibility initiative, Zaiyadal presented duit raya to 70 hafiz from Madrasah Tahfiz Darul Ulum Zaiyadal. Zaiyadal group executive director Datuk Dr Lukman Ibrahim said: "It's not easy to organise this event and the event gets bigger. This time, we're expecting around 1,700 guests - our biggest turnout yet. That's why we've chosen a larger venue to accommodate everyone." Zaiyadal was incorporated in July 1992 as a family owned investment holding company . The founders of Zaiyadal are Zaid Abdullah and wife Zaidah Mohd Salleh. The company and its subsidiary are principally involved in the provision of agriculture, aquaculture, food and beverages and trading.
