Adeia (ADEA) Misses Q3 EPS by 13c, Misses on Revenue; Offers FY24 Revenue Guidance

Adeia (NASDAQ: ADEA) reported Q3 EPS of $0.27, $0.13 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $86.1 million versus the consensus estimate of $111.56 million.

GUIDANCE:

Adeia sees FY2024 revenue of $380-420 million, versus the consensus of $401.9 million.

For earnings history and earnings-related data on Adeia (ADEA) click here.

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