In This Article:
Adeia (NASDAQ:ADEA) Full Year 2024 Results
Key Financial Results
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Revenue: US$376.0m (down 3.3% from FY 2023).
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Net income: US$64.6m (down 4.1% from FY 2023).
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Profit margin: 17% (in line with FY 2023).
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EPS: US$0.59 (down from US$0.63 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Adeia Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%.
In the last 12 months, the only revenue segment was IP Licensing contributing US$376.0m. The largest operating expense was General & Administrative costs, amounting to US$97.1m (31% of total expenses). Explore how ADEA's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are up 26% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Adeia (including 1 which doesn't sit too well with us).
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.