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

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Adeia Announces Third Quarter 2024 Financial Results

November 7, 2024 4:12 PM EST

 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

SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the Company or Adeia) today announced financial results for the third quarter ended September 30, 2024.

In the third quarter, we signed 7 deals in multiple verticals including consumer electronics,... More