Adeia Announces Third Quarter 2024 Financial Results

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Go back to Adeia Announces Third Quarter 2024 Financial Results

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

November 7, 2024 4:19 PM EST

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... More