InterDigital, Inc. (IDCC) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.217 Good morning and welcome to the first quarter 2025 earnings 00:00:05.217 -- 00:00:09.502 call. I am Franz and I'll be the operator assisting you today. 00:00:09.502 -- 00:00:14.507 All lines have been placed on mute to prevent any background noise. 00:00:14.507 -- 00:00:18.431 After the speaker's remarks, there will be a question and answer session. 00:00:18.431 -- 00:00:23.537 If you would like to ask a question during this time, simply press star 00:00:23.537 -- 00:00:29.292 and then one on your telephone keypad. If you would like to withdraw the question, 00:00:29.292 -- 00:00:34.297 Press star 1 again. Thank you. I would now like to turn the call over 00:00:34.297 -- 00:00:36.519 to Rayford 00:00:36.519 -- 00:00:40.163 Garbrandt, Head of Investor Relations. 00:00:40.163 -- 00:00:42.664 Please go ahead. 00:00:42.846 -- 00:00:45.749 Thank you, France, and good morning, everyone. 00:00:45.749 -- 00:00:50.294 Welcome to InterDigital's first quarter 2025 earnings conference call. 00:00:50.294 -- 00:00:54.318 I am Rayford Garbrandt, Head of Investor Relations for InterDigital. 00:00:54.318 -- 00:00:59.544 With me on today's call are Liren Chen, our president and CEO, and Rich Breske, 00:00:59.544 -- 00:01:01.206 our CFO. 00:01:01.206 -- 00:01:04.771 Consistent with prior calls, we will offer some highlights about the quarter and the 00:01:04.771 -- 00:01:08.175 company, and then open the call up for questions. 00:01:08.175 -- 00:01:13.101 For additional details, you can access our earnings release and slide presentation that 00:01:13.101 -- 00:01:17.125 accompanied this call on our investor relations website. 00:01:17.125 -- 00:01:21.551 Before we begin our remarks, I need to remind you that in this call, we will make forward-looking...