Adeia Inc

Adeia, Inc. invents, develops, and licenses innovations that shape how the world consumes entertainment. Its technologies allow users to manage content and connections in a way that is smart, immersive, and personal. The company was founded on October 1, 2022 and is headquartered in San Jose, CA.

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Earnings data Q3 2024

Earnings data Q4 2024

Adeia Inc reports robust Q4 earnings, eyes growth amid challenges

Adeia Inc delivered a strong performance in Q4 2022, closing key license agreements and maintaining a healthy financial position.
While facing challenges in managing expenses and sustaining high margins, the company's focus on innovation and customer diversification presents growth opportunities.
With a solid cash position and strategic guidance for 2023, Adeia remains well-positioned for continued success and value creation for shareholders.

Adeia Inc reports robust Q1 results, eyes growth in semiconductor

Adeia Inc's Q1 2023 showcased strong financial and operational results, with a focus on semiconductor and media businesses
Despite short-term challenges like increased expenses and revenue fluctuations, the company remains confident in future growth prospects
Guidance for 2023 indicates a stable financial outlook, with revenue expectations and a strategic approach to securing new contracts

Adeia Inc reports solid Q2 results, eyes growth in adjacent markets

Adeia Inc's Q2 performance reflects revenue growth, debt reduction, and strategic customer agreements.
The company's strengths lie in customer relationships, innovation, and board expertise.
Challenges include managing expenses, sustaining growth, and ensuring financial stability.
Opportunities in adjacent markets, innovation, and emerging trends pave the way for future growth.

Adeia Inc reports robust Q3 earnings amidst legal challenges

Adeia Inc delivered strong financial results in Q3 2023, driven by new agreements and key renewals.
While facing challenges like the lawsuit against Shaw, the company remains focused on growth and shareholder value.
Opportunities lie in projected revenue growth, operating margin improvement, and strategic financial initiatives for 2024.

Adeia Inc exceeds Q4 revenue targets, eyes growth in 2024

Adeia Inc delivered a strong performance in Q4 2023, surpassing revenue and EBITDA targets while strengthening its market position.
Despite challenges such as increased legal expenses and higher spending, Adeia's strategic focus on innovation and revenue diversification presents growth opportunities.
With a solid financial foundation, diversified revenue streams, and ambitious revenue targets, Adeia is poised for continued growth and market success in 2024.

Adeia Inc reports robust Q1 earnings, eyes growth in tech markets

Adeia Inc (ADEA) delivered strong financial performance in Q1 2024, driven by strategic focus on growth markets and customer relationships.
While challenges like debt deleveraging and cost management exist, opportunities in expanding markets and innovation present avenues for future growth.
Maintaining financial discipline, pursuing strategic acquisitions, and leveraging technological advancements will be key to achieving long-term revenue goals.

Adeia Inc reports strong Q2 earnings, eyes growth amid challenges

Adeia Inc (ADEA) delivered a robust performance in Q2 2024, showcasing financial strength, market presence, and strategic growth initiatives.
While facing potential challenges from market dynamics and operational complexities, the company is well-positioned to capitalize on opportunities for expansion and innovation.
With a focus on financial efficiency, innovation, and strategic planning, Adeia Inc (ADEA) aims to sustain growth, drive shareholder value, and navigate market challenges effectively.

Adeia Inc reports robust Q3 earnings, expands partnerships amid challenges

Adeia Inc's Q3 2024 performance reflects solid financial results, strategic initiatives, and a focus on protecting intellectual property and driving growth through diversified partnerships.
While facing challenges such as deal timing uncertainties and market dynamics, the company's balanced approach to capital allocation and operational management positions it for sustained success.
With adjusted revenue guidance, debt reduction plans, and participation in industry events, Adeia Inc demonstrates resilience, adaptability, and a strategic vision for future growth.

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Adeia, Inc. engages in the invention, development, and licensing of innovations and technologies for entertainment, media, consumer electronics, and semiconductor industries. The company was founded on October 1, 2022 and is headquartered in San Jose, CA.

Adeia Inc. (NASDAQ:ADEA ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Chris Chaney - Vice President-Investor Relations Paul Davis - President & Chief Executive Officer Keith Jones - Chief Financial Officer Conference Call Participants Madison De Paola - Rosenblatt Securities Hamed Khorsand - BWS Financial Matthew Galinko - Maxim Group Operator Good day, everyone. Thank you for standing by.

Adeia Inc. (ADEA) Q3 2024 Earnings Call Transcript

Adeia (ADEA) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.38 per share a year ago.

Adeia (ADEA) Lags Q3 Earnings and Revenue Estimates

Signed 7 deals across multiple verticals in the third quarter Board increased share repurchase authorization up to $200 million Filed patent infringement litigation against Disney Signed a new multi-year e-commerce license agreement with a leading luxury retailer

Adeia Announces Third Quarter 2024 Financial Results

SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the “Company” or “Adeia”) announced today that it has filed multiple patent infringement lawsuits in the United States and Europe against The Walt Disney Company and certain of its subsidiaries, including Hulu and ESPN. The Company filed one lawsuit in the U.S. District Court for the District of Delaware and three lawsuits in Europe, including two in the Unified Patent Court and one in Germany.

Adeia Initiates Patent Infringement Litigation Against Disney

SAN JOSE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, following the close of market.

Adeia to Release Third Quarter 2024 Financial Results on November 7, 2024

SAN JOSE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, today announced it has renewed its intellectual property (IP) license agreement with leading TV seller VIZIO. Under the terms of the agreement, the multi-year license renewal extends VIZIO's access to Adeia's media IP portfolio for its products and services.

Adeia Enters into Multi-Year IP License Renewal with VIZIO

SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a leader in invention of semiconductor technology, announced that several of its semiconductor technologists will present at various upcoming industry conferences. The presentations will focus on Adeia's hybrid bonding technology, a key enabler for next-generation high-performance computing and AI applications.

Adeia to Present at Upcoming Conferences on Hybrid Bonding Technology

SAN JOSE, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Inventors from Adeia Inc. (Nasdaq: ADEA), have unveiled a groundbreaking new solution that could dramatically improve the quality of online video streaming and gaming.

New Breakthrough Could Revolutionize Online Video and Gaming Experiences

SAN JOSE, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), a leading technology company bringing technology from incubation to reality, today announced the renewal of its intellectual property (IP) license agreement with LG Electronics, Inc. (LG).

Adeia and LG Electronics Renew Media IP License Agreement

Adeia Celebrates Semiconductor Technology Pioneer, Dr. Belgacem Haba, who has helped Revolutionize the Semiconductor Industry with Groundbreaking Invention

Adeia Celebrates Semiconductor Technology Pioneer, Dr. Belgacem Haba, who has helped Revolutionize the Semiconductor Industry with Groundbreaking Inventions

SAN JOSE, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia” or “Company”), the company delivering innovative technology solutions across multiple industries, today announced that the Canadian Court of Appeals has issued its rulings in the Company's appeals of both the Videotron and Bell/Telus cases.

Adeia Receives Decisions in Videotron and Bell/Telus Case Appeals

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The Top 3 Undervalued Stocks to Buy for Growth in Q3 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Adeia (NASDAQ: ADEA), a leading innovator in multimedia technology, today announced Dr. Ning Xu will deliver an invited paper at the upcoming 7th IEEE International Conference on Multimedia Information Processing and Retrieval (IEEE MIPR 2024). The conference, a premier forum for multimedia research and applications, will occur in San Jose, California, from August 7-9, 2024. Other participants include technologists from NVIDIA, Google, Amazon, Comcast, Samsung.

Adeia to Present Groundbreaking Solution for Copyright and Attribution in AI-Generated Images at IEEE MIPR 2024

Adeia Inc. beat earnings estimates with $0.28 Non-GAAP EPS and $87.4 million revenue in Q2 2024. The company signed new licensing agreements in various industries, including a major deal with Liberty Global, showing strategic growth. Adeia's valuation shows potential upside with a low P/E ratio, but concerns remain over slow earnings growth, high debt, and industry challenges.

Adeia's Mixed Q2 Results Under The Microscope

Adeia Inc. (NASDAQ:ADEA ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Chris Chaney – Vice President-Investor Relations Paul Davis – President and Chief Executive Officer Keith Jones – Chief Financial Officer Conference Call Participants Kevin Cassidy – Rosenblatt Securities Hamed Khorsand – BWS Financial Matthew Galinko – Maxim Group Operator Good day, everyone. Thank you for standing by.

Adeia Inc. (ADEA) Q2 2024 Earnings Call Transcript

Adeia (ADEA) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.26 per share a year ago.

Adeia (ADEA) Q2 Earnings and Revenues Surpass Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Hamamatsu licenses hybrid bonding technology from Adeia.

Adeia Enters into Long-Term Hybrid Bonding License Agreement with Hamamatsu Photonics

SAN JOSE, Calif., July 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) will announce its financial results for the second quarter ended June 30, 2024, on Tuesday, August 6, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day.

Adeia to Release Second Quarter 2024 Financial Results on August 6, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Adeia Inc. (Nasdaq: ADEA), a leading research and development and intellectual property licensing company known for bringing innovations in the semiconductor and media technology sectors to market, was awarded Best Session Paper at the 2024 Electronic Components and Technology Conference (ECTC) held in Denver, Colorado on May 28-31, 2024. Dr. Thomas Workman, senior principal engineer for Adeia and author of the paper, received the award for “Fine Pitch Die-to-.

Adeia Wins ECTC Award for Paper on “Fine Pitch Die-to-Wafer Hybrid Bonding”

SAN JOSE, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia” or “Company”), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK), a global leader in converged broadband, video and mobile communications, has agreed to a long-term renewal agreement for Adeia's media intellectual property (IP) portfolio.

Adeia Renews Long-Term IP License Agreement with Liberty Global

SAN JOSE, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, has entered into a multi-year license agreement with X Corp., the owner of the social media platform formerly known as Twitter.

Adeia Enters into Multi-Year IP License Agreement with X Corp.

SAN JOSE, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Adeia Inc. (Nasdaq: ADEA), a leading R&D and intellectual property (IP) licensing company known for bringing leading innovations in the semiconductor and media/entertainment technology sectors to market, announced recent developments in hybrid bonding a technology targeted toward the future of semiconductor packaging enabling high-performance computing capabilities, like those required for AI.

Adeia's Pioneering Hybrid Bonding Technology Continues to Capture Attention

The mean of analysts' price targets for Adeia (ADEA) points to a 26.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think Adeia (ADEA) Could Surge 26.9%: Read This Before Placing a Bet

Reduces annual interest expense by approximately $3.4 million Reduces excess cash flow payment thresholds and increases financial flexibility SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, today announced the successful repricing of its Term Loan B, thereby reducing its future interest expense and increasing financial flexibility.

Adeia Successfully Completes Debt Repricing

The consensus price target hints at a 32.6% upside potential for Adeia (ADEA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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