InterDigital, Inc. (IDCC) Q2 2025 Earnings Call

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WEBVTT 00:00:00.000 -- 00:00:05.140 Thank you for standing by. At this time, I would like to welcome everyone to Interdigital 00:00:05.140 -- 00:00:10.200 Second Quarter 2025 earnings call. All lines have been placed on mute to 00:00:10.200 -- 00:00:15.400 prevent any background noise. After the speakers remarks, there will be a question and 00:00:15.400 -- 00:00:20.380 answer session. If you would like to ask a question during this time, simply press star, 00:00:20.380 -- 00:00:23.140 followed by the number one on your telephone keypad. 00:00:23.140 -- 00:00:27.000 If you would like to redraw your question, again, press the star one. 00:00:27.000 -- 00:00:32.260 Thank you. I would now like to turn the conference over to Rayford Garabrant, Head 00:00:32.260 -- 00:00:35.120 of Investor Relations. 00:00:35.660 -- 00:00:38.640 Thank you, Demi, and good morning, everyone. 00:00:38.640 -- 00:00:43.540 Welcome to Interdigital Second Quarter 2025 earnings conference call. 00:00:43.540 -- 00:00:48.180 I am Rayford Garabrant, Head of Investor Relations for Interdigital. 00:00:48.180 -- 00:00:53.620 With me on today's call are Laren Chin, our President and CEO, and Rich Bresky, 00:00:53.620 -- 00:00:58.900 our CFO. Consistent with prior calls, we will offer some highlights about the quarter 00:00:58.900 -- 00:01:03.140 and the company, and then open the call up for questions. 00:01:03.140 -- 00:01:07.620 For additional details, you can access our earnings release and slide presentation that 00:01:07.620 -- 00:01:12.300 accompany this call on our Investor Relations website. 00:01:12.300 -- 00:01:16.880 Before we begin our remarks, I need to remind you that in this call, we will make forward-looking 00:01:16.880 -- 00:01:20.880 statements regarding our current beliefs, plans, an...