Vantrix Corporation Enhances Open Transcoding Video Pipeline with Interdigital Perceptfx Perceptual Pre-Processor
Aug 3 15
InterDigital, Inc. and Vantrix Corporation announced that Vantrix’s open transcoding pipeline now supports InterDigital’s PerceptFX perceptual pre-processor technology, resulting in dramatic bandwidth savings for video delivery. PerceptFX eliminates imperceptible image data in video compressed using H.264 and H.265, enabling 4K and other resolution video to be delivered at impressive bandwidth savings. For example, encoding 4K video for a normal viewing distance enabled ultra HD video of mixed content encoded at 15Mbps to be delivered at an average bitrate of 10.7Mbps, a 29% savings. With some content, bandwidth savings reached 50% vs. The unfiltered original, with a minimum 15% savings over traditional encoding solutions.
InterDigital, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Jul 30 15
InterDigital, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of $118,551,000 compared to $194,234,000 a year ago. Income from operations was $58,578,000 compared to $128,372,000 a year ago. Income before income taxes was $50,832,000 compared to $124,770,000 a year ago. Net income was $31,955,000 compared to $78,112,000 a year ago. Net income attributable to the company was $32,602,000 or $0.89 per diluted share compared to $78,901,000 or $1.93 per diluted share a year ago. Free cash flow was $17,040,000 compared to $23,665,000 a year ago. Capital spending and capitalized patent costs was $8,255,000 compared to $9,475,000 a year ago. Net cash provided by operating activities was $25,295,000 compared to $33,140,000 a year ago. Purchases of property, equipment, & technology licenses were $491,000 compared to $246,000 a year ago.
For the six months, the company reported revenues of $228,929,000 compared to $252,078,000 a year ago. Income from operations was $109,822,000 compared to $128,331,000 a year ago. Income before income taxes was $96,840,000 compared to $120,765,000 a year ago. Net income was $60,287,000 compared to $75,557,000 a year ago. Net income attributable to the company was $61,667,000 or $1.67 per diluted share compared to $77,040,000 or $1.90 per diluted share a year ago. Free cash flow was $9,546,000 compared to $11,703,000 a year ago. Capital spending and capitalized patent costs was $17,520,000 compared to $18,578,000 a year ago. Net cash provided by operating activities was $27,066,000 compared to $30,281,000 a year ago. Purchases of property, equipment, & technology licenses were $1,329,000 compared to $1,466,000 a year ago.