Adeia Inc. (ADEA)
| Market Cap | 1.29B |
| Revenue (ttm) | 405.21M |
| Net Income (ttm) | 128.40M |
| Shares Out | 104.27M |
| EPS (ttm) | 1.13 |
| PE Ratio | 10.96 |
| Forward PE | 9.60 |
| Dividend | $0.20 (1.61%) |
| Ex-Dividend Date | Nov 24, 2023 |
| Volume | 416,378 |
| Open | 12.55 |
| Previous Close | 12.55 |
| Day's Range | 12.24 - 12.57 |
| 52-Week Range | 7.12 - 12.72 |
| Beta | 0.91 |
| Analysts | Buy |
| Price Target | 16.00 (+29.14%) |
| Earnings Date | Feb 21, 2024 |
About ADEA
Adeia Inc., together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company worldwide. The company licenses its innovations to media and semiconductor industries and companies under the Adeia brand. It licenses its patent portfolios across various markets, including multichannel video programming distributors comprising cable, satellite, and telecommunications television providers that aggregate and distribute linear content over networks, as well as television providers that aggregate and stream li... [Read more]
Financial Performance
In 2022, Adeia's revenue was $438.93 million, an increase of 12.20% compared to the previous year's $391.21 million. Losses were -$295.88 million, 433.5% more than in 2021.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for ADEA stock is "Buy" and the 12-month stock price forecast is $16.0.
News
Adeia to Participate in Wells Fargo 7th Annual TMT Summit on November 28
SAN JOSE, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Paul E.
Adeia Announces Third Quarter 2023 Financial Results
Closed important renewals with consumer electronics and OTT customers Strong financial results highlighted by over $100 million in revenue SAN JOSE, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Adeia Inc...
Phyllis Turner-Brim Joins Adeia's Board of Directors
SAN JOSE, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that veteran intellectual property (IP) attorney and advisor, Phyllis Turner-Brim, joined Adeia's board of...
Adeia to Participate in Stephens Investor Conference on November 16
SAN JOSE, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Paul E.
Adeia to Release Third Quarter 2023 Financial Results on November 6, 2023
SAN JOSE, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the "Company"), will announce its financial results for the third quarter ended September 30, 2023, on Monday, November 6...
Adeia Enters into Long-Term IP License Renewal with Samsung for Mobile Devices
SAN JOSE, Calif., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced th...
Adeia Files Breach-of-Contract Lawsuit Against Shaw
SAN JOSE, Calif., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia”), the company whose patented innovations shape the way the world explores and experiences entertainment, announce...
Adeia Renews IP License Agreement with Germany's TechniSat
SAN JOSE, Calif., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced t...
Adeia and NVIDIA Resolve Litigation
SAN JOSE, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (“Adeia” or the “Company”), the company whose patented innovations enhance billions of devices, today announced that NVID...
Jarl Berntzen joins Adeia as Chief Corporate Development Officer
SAN JOSE, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Jarl Berntzen joined Adeia as the company's chief corporate development officer on September 5, 2023...
Adeia to Participate in Upcoming Investor Conferences
SAN JOSE, Calif., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced participation in the following investor and industry conferences:
Adeia Announces Second Quarter 2023 Financial Results
Achieved over $200 million of revenue for first half of 2023 Closed nine deals in the quarter Paid down $114 million of debt since separation
Adam Rymer joins Adeia's Board of Directors
SAN JOSE, Calif., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) today announced that Adam Rymer joined Adeia's board of directors as of Friday, August 4, 2023.
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In today's ever-evolving investment landscape, technology has emerged as a clear standout, surpassing the broader market with its remarkable performance year-to-date. YTD, popular technology ETF Inves...
Adeia to Release Second Quarter 2023 Financial Results on August 7, 2023
SAN JOSE, Calif., July 17, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the "Company"), will announce its financial results for the second quarter ended June 30, 2023, on Monday, August 7, 2023...
Adeia Renews IP License Agreement with Enseo to Enable Innovative Digital Entertainment Services for the Hospitality Industry
SAN JOSE, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose innovations shape the way the world explores and experiences entertainment, today announced that it has...
Freeview Australia Signs Multi-Year Media IP License Renewal with Adeia, Meeting the Growing Demand for Broadcast Video-On-Demand Content in Australia
SAN JOSE, Calif., June 15, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose innovations shape the way the world explores and experiences entertainment, today announced that Freevi...
Adeia Renews IP License Agreement with Japan's Bandai Namco Filmworks
SAN JOSE, Calif., June 01, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced th...
Adeia Renews IP License Agreement with TVStorm
SAN JOSE, Calif., May 10, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced tha...
Adeia to Participate in the 18th Annual Needham Technology & Media Conference on May 16, 2023
SAN JOSE, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) ("Adeia") today announced that Paul E. Davis, chief executive officer, and Keith Jones, chief financial officer, will parti...
Adeia Announces First Quarter 2023 Financial Results
New deal wins drive strong financial performance Paid down $94 million of debt since separation SAN JOSE, Calif., May 08, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the “Company” or “Adeia”) ...
Christina Sawyer joins Adeia as Chief People Officer
SAN JOSE, Calif., April 18, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), today announced that Christina Sawyer joined Adeia as the company's chief people officer on Monday, April 17, 2023.
Adeia to Release First Quarter 2023 Financial Results on May 8, 2023
SAN JOSE, Calif., April 17, 2023 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the "Company"), will announce its financial results for the first quarter ended March 31, 2023, on Monday, May 8, 2023, ...
Adeia Signs Long-Term Semiconductor Patent License Agreement with Kioxia
Agreement includes a license to Adeia's Hybrid Bonding Portfolio Agreement includes a license to Adeia's Hybrid Bonding Portfolio
Adeia Signs Long-Term Semiconductor Patent License Agreement with Western Digital
Agreement includes a license to Adeia's Hybrid Bonding Portfolio Agreement includes a license to Adeia's Hybrid Bonding Portfolio