InterDigital Raises 1Q Revenue Guidance and GigaBeam Announces Verification to FCC Part 101 Standards.

0 Comments | M2 Presswire, April, 2007

M2 PRESSWIRE-20 April 2007-U.S. Equity News: InterDigital Raises 1Q Revenue Guidance and GigaBeam Announces Verification to FCC Part 101 Standards(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:20042007 City of Industry, CA - Wireless Communications industry alert provided by U.S. Equity News.

InterDigital Communications Corp. (Nasdaq:IDCC), which makes digital wireless technologies, raised its first-quarter revenue guidance Wednesday after a routine audit by the company identified additional royalties related to sales of covered products. InterDigital now expects first-quarter revenue in the approximate range of $67 million to $68 million, up from $53 million to $55 million as previously forecast. FTS Group, Inc. (OTC BB:FLIP) an acquisition and development...

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