InterDigital, Inc. (IDCC) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.136 Hello and thank you for standing by. My name is Mel and I will be your conference operator 00:00:05.136 -- 00:00:10.200 for today. At this time, I would like to welcome everyone to the Interdigital First Quarter 00:00:10.200 -- 00:00:15.945 2026 Earnings Call. All lines have been placed on mute to prevent any background noise. 00:00:15.945 -- 00:00:19.649 After the speaker's remarks, there will be a question and answer session. 00:00:19.649 -- 00:00:23.532 If you would like to ask a question during this time, simply press star followed by the 00:00:23.532 -- 00:00:27.696 number one on the telephone keypad. If you would like to withdraw your question, press 00:00:27.696 -- 00:00:32.807 star one again. I would now like to turn the call over to Rayford Garbrandt, 00:00:32.807 -- 00:00:37.710 Vice President of Investor Relations. Sir, please go ahead. 00:00:37.712 -- 00:00:40.535 Thank you, Mel, and good morning, everyone. 00:00:40.535 -- 00:00:45.260 Welcome to InterDigital's first quarter 2026 earnings conference call. 00:00:45.260 -- 00:00:49.004 I'm Rayford Garbrandt, VP of Investor Relations for InterDigital. 00:00:49.004 -- 00:00:54.049 With me on today's call are Liren Chen, our President and CEO, and Rich Breske, 00:00:54.049 -- 00:00:59.066 our CFO. Consistent with prior calls, we will offer some highlights about the quarter 00:00:59.066 -- 00:01:03.010 and the company and then open the call up for questions. 00:01:03.010 -- 00:01:07.334 For additional details, you can access our earnings release and slide presentation that 00:01:07.334 -- 00:01:11.418 accompany this call on our investor relations website. 00:01:11.418 -- 00:01:16.123 Before we begin our remarks, I need to remind you that in this call, we will make forward-loo...