For the quarter ended December 2023, InterDigital (IDCC) reported revenue of $105.52 million, down 9.9% over the same period last year. EPS came in at $1.41, compared to $1.08 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $104.31 million, representing a surprise of +1.16%. The company delivered an EPS surprise of +16.53%, with the consensus EPS estimate being $1.21. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.