Adeia (NASDAQ:ADEA) Issues Quarterly Earnings Results

Adeia (NASDAQ:ADEA) posted its quarterly earnings data on Tuesday. The company reported $0.42 earnings per share for the quarter, hitting the consensus estimate of $0.42, Zacks reports. Adeia had a return on equity of 28.37% and a net margin of 12.01%. The firm had revenue of $119.17 million for the quarter, compared to analysts’ expectations of $114.22 million. During the same quarter last year, the business earned $0.27 EPS. Adeia updated its FY 2025 guidance to EPS.

Adeia Stock Up 1.4 %

Shares of NASDAQ ADEA opened at $13.47 on Wednesday. The stock’s fifty day moving average is $13.42 and its 200 day moving average is $12.50. The stock has a market capitalization of $1.47 billion, a P/E ratio of 37.42 and a beta of 1.37. The company has a debt-to-equity ratio of 1.32, a quick ratio of 3.42 and a current ratio of 3.42. Adeia has a 52 week low of $9.68 and a 52 week high of $14.75.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Rosenblatt Securities restated a “buy” rating and issued a $18.00 price target on shares of Adeia in a research report on Tuesday. BWS Financial restated a “buy” rating and issued a $16.00 price target on shares of Adeia in a research report on Monday, January 13th.

Adeia Company Profile

Adeia Inc, together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company in the United States, Canada, Asia, Europe, the Middle East, and internationally. The company 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 linear content over broadband networks; over-the-top video service providers and social media companies, such as subscription video-on-demand and advertising-supported streaming service providers, as well as content providers, networks, and media companies.