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Adeia (ADEA)
NASDAQ:ADEA
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.25Last Year’s EPS
0.25Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -15.57%
|Next Earnings Date:May 05, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance and strategic progress with new deals and debt reduction. However, increased operating expenses and legal challenges, particularly with Disney, were notable concerns. Despite these challenges, the overall future outlook remains positive, driven by strategic deals and recurring revenue growth.Company Guidance
During Adeia's Fourth Quarter 2024 Earnings Conference Call, the company provided detailed guidance and metrics for the year ahead. The fourth quarter revenue was reported at $119.2 million, with an operating cash flow of $107.5 million and adjusted EBITDA of $80.3 million, reflecting an operating margin of 67%. The company signed 10 license agreements, including a significant multiyear deal with Amazon, contributing to a 65% year-over-year increase in new media revenue. Adeia also made accelerated debt payments of $50 million, reducing the debt balance to $487 million, and initiated a $20 million stock buyback program. For fiscal year 2025, Adeia anticipates revenue between $390 million and $430 million, driven by a robust pipeline and key agreements. Operating expenses are projected to range from $166 million to $174 million, with an expected adjusted EBITDA margin of approximately 59%. The company has also repriced its term loan, reducing the interest rate, and plans to maintain a non-GAAP tax rate of around 23%. This guidance emphasizes Adeia's focus on expanding its media and semiconductor portfolios, while managing debt and capital allocation effectively.Record Financial Performance
Fourth quarter revenue of $119.2 million and operating cash flow of $107.5 million set post-separation records. Adjusted EBITDA was $80.3 million with an operating margin of 67%.
Significant New Deals
Successfully signed 10 license agreements in Q4, including major deals with Amazon and Canon, contributing to a 65% year-over-year increase in new media revenue.
Debt Reduction Success
Reduced debt by $50 million in Q4, bringing the total debt balance down to $487 million. Paid down $114.2 million in debt over the year, totaling $272.3 million since separation.
Stock Buyback Program
Initiated a $20 million stock buyback program in Q4 and repurchased an additional $10 million worth of shares in Q1 2025.
Strong Recurring Revenue Growth
Achieved an 18% year-over-year increase in recurring revenue outside of Pay-TV verticals.
Recognition and Awards
Ranked in the top 75 in the world for U.S. patents issued in 2024, with 597 patents granted. Won the Best Paper Award at the Electronic Components and Technology Conference.
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ADEA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ADEA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | $13.42 | $16.34 | +21.76% |
| Nov 07, 2024 | $13.98 | $11.43 | -18.24% |
| Aug 06, 2024 | $9.69 | $10.35 | +6.81% |
| May 06, 2024 | $9.83 | $10.86 | +10.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Adeia (ADEA) report earnings?
Adeia (ADEA) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is Adeia (ADEA) earnings time?
Adeia (ADEA) earnings time is at May 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ADEA EPS forecast?
ADEA EPS forecast for the fiscal quarter 2025 (Q1) is 0.25.
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