Adeia Inc. (ADEA) reported earnings for its first quarter that increased from last year
The company's bottom line totaled $11.81 million, or $0.10 per share. This compares with $0.90 million, or $0.01 per share, last year.
Excluding items, Adeia Inc. reported adjusted earnings of $29.16 million or $0.26 per share for the period.
The company's revenue for the period rose 5.1% to $87.670 million from $83.405 million last year.
Adeia Inc. earnings at a glance (GAAP) :
-Earnings: $11.81 Mln. vs. $0.90 Mln. last year.-EPS: $0.10 vs. $0.01 last year.-Revenue: $87.670 Mln vs. $83.405 Mln last year.
-Guidance:Full year revenue guidance: $390.0 - $430.0 Mln
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.