Adeia (ADEA) Tops Q2 EPS by 5c, provides guidance

Adeia (NASDAQ: ADEA) reported Q2 EPS of $0.28, $0.05 better than the analyst estimate of $0.23. Revenue for the quarter came in at $87.4 million versus the consensus estimate of $84.25 million.

GUIDANCE:

Adeia sees FY2024 revenue of $380-420 million, versus the consensus of $400.3 million.

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

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