Achieved record post-separation revenue and cash from operations in the fourth quarterSigned 10 deals in the fourth quarter and 32 during the yearPaid down $50 million of debt and repurchased $20 million of common stock in the fourth quarter SAN JOSE, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the fourth quarter and full year ended December 31, 2024. "Our fourth quarter results showed the evolution of our business model as we continued to grow and expand into our target growth markets. During the quarter, we signed 10 deals across multiple verticals, bringing the total deals for the year to 32. We ar

SAN JOSE, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) will announce its financial results for the fourth quarter ended December 31, 2024, on Tuesday, February 18, 2025, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. Adeia also suggests utilizing the webcast link to access the call at Q4 2024 Earnings Call Webcast. A replay of the webcast will be a

 Signed 7 deals across multiple verticals in the third quarterBoard increased share repurchase authorization up to $200 millionFiled patent infringement litigation against DisneySigned a new multi-year e-commerce license agreement with a leading luxury retailer SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the third quarter ended September 30, 2024. "In the third quarter, we signed 7 deals in multiple verticals including consumer electronics, Pay-TV, OTT and semiconductor. Our financial results remain solid as we delivered $86.1 million in revenue and an EBITDA margin of approximately 60%. We

SAN JOSE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) will announce its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. Adeia also suggests utilizing the webcast link to access the call at Q3 2024 Earnings Call Webcast. A replay of the webcast will be a

 Repriced term loan for annual interest expense savings of approximately $3 millionGenerated over $90 million in cash from operations in the first half of 2024 SAN JOSE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the second quarter ended June 30, 2024. "We delivered revenue of $87.4 million in the second quarter, in line with our expectations, and generated over $90 million in cash from operations in the first two quarters of 2024" said Paul E. Davis, chief executive officer of Adeia. "We signed 5 deals, demonstrating success across diverse end markets in social media, consumer electronics, semicondu

SAN JOSE, Calif., July 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) will announce its financial results for the second quarter ended June 30, 2024, on Tuesday, August 6, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. Adeia also suggests utilizing the webcast link to access the call at Q2 2024 Earnings Call Webcast. A replay of the webcast will be availabl

Paid down $40 million of debt in the first quarter and nearly $200 million since separation Generated over $67 million in cash from operations in the first quarter SAN JOSE, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the first quarter ended March 31, 2024. "The results of our first quarter demonstrate the strength of our business model and continued execution as we generated over $67 million in cash from operations," said Paul E. Davis, chief executive officer of Adeia. "Our first quarter was very active as we closed deals with ten customers across a diverse mix of end markets and geographies. We f

SAN JOSE, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) will announce its financial results for the first quarter ended March 31, 2024, on Monday, May 6, 2024, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. Adeia also suggests utilizing the webcast link to access the call at Q1 2024 Earnings Call Webcast. A replay of the webcast will be available a

Signed 8 deals in the fourth quarter and 32 in 2023 across both media and semiconductor Paid down $29 million of debt in fourth quarter and $148 million in 2023 SAN JOSE, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the fourth quarter and full year ended December 31, 2023. "We made excellent progress toward our long-term goals in 2023," said Paul E. Davis, chief executive officer of Adeia. "We closed 32 deals across multiple verticals in our media and semiconductor businesses, including with new customers in OTT, Pay-TV, social media and semiconductors. We exceeded our target patent portfolio growth r

SAN JOSE, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company"), will announce its financial results for the fourth quarter and full year ended December 31, 2023, on Tuesday, February 20, 2024, following the close of market. The Company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the Company's earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. The Company also suggests utilizing the webcast link to access the call at Q4 2023 Earnings C

Rosenblatt initiated coverage of Adeia Inc. with a rating of Buy and set a new price target of $15.00

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Achieved record post-separation revenue and cash from operations in the fourth quarterSigned 10 deals in the fourth quarter and 32 during the yearPaid down $50 million of debt and repurchased $20 million of common stock in the fourth quarter SAN JOSE, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the fourth quarter and full year ended December 31, 2024. "Our fourth quarter results showed the evolution of our business model as we continued to grow and expand into our target growth markets. During the quarter, we signed 10 deals across multiple verticals, bringing the total deals for the year to 32. We ar

SAN JOSE, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA), the technology company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, today announced it has renewed its intellectual property (IP) license agreement with LG U+, one of South Korea's leading IPTV service providers. The multi-year license renewal extends LG U+'s access to Adeia's media portfolio for its products and services. "LG U+ represents a significant presence in South Korea's robust and expanding digital entertainment landscape," said Dr. Mark Kokes, Adeia's chief licensing officer and general manager, media. "This renewal undersco

SAN JOSE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA), the company whose innovations shape the way the world explores and experiences entertainment, today announced that Fetch TV, an Australian digital entertainment platform, has renewed a multi-year agreement to license Adeia's media intellectual property (IP) portfolio. "As consumer demand for digital entertainment services in Australia continues to grow, platforms like Fetch TV are integrating the latest innovations to ensure viewers have seamless access to a vast selection of high-quality entertainment experiences. This renewal with Fetch TV further confirms the value and relevance of Adeia's intellectual proper

SAN JOSE, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, today announced the successful repricing of its Term Loan B, thereby reducing its future interest expense. The repricing lowers the applicable fixed interest rate by 50 basis points on the company's Term Loan B remaining balance of approximately $487.1 million. The new interest rate is SOFR + 250 basis points. There is no change to the original June 2028 maturity date and all other terms remain substantially unchanged. The company estimates that repricing will reduce the annual ca

SAN JOSE, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA), today announced it has renewed its intellectual property (IP) license agreement with Roku, the #1 TV streaming platform in the U.S. The multi-year renewal extends Roku's access to Adeia's media IP portfolio for its products and services. "We are excited to renew our agreement with Roku, a leader in the streaming digital entertainment space," said Dr. Mark Kokes, Adeia's chief licensing officer and general manager, media. "This agreement demonstrates the ongoing relevance and importance of our technology in the streaming video field." Adeia's advanced media technologies and intellectual property play a role in enhancing

SAN JOSE, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) will announce its financial results for the fourth quarter ended December 31, 2024, on Tuesday, February 18, 2025, following the close of market. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that same day. To access the earnings conference call: U.S. callers, please dial +1 (888) 660-6411International callers, please dial +1 (929) 203-0849 All participants should dial in 15 minutes prior to the start of the conference call. Adeia also suggests utilizing the webcast link to access the call at Q4 2024 Earnings Call Webcast. A replay of the webcast will be a

SAN JOSE, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA), a technology company with innovative contributions to digital imaging, has entered into a multi-year intellectual property (IP) license agreement with Canon, a global leader in the digital imaging industry, providing access to Adeia's media portfolio. This agreement marks another important milestone in Adeia's collaboration with leading companies in the consumer electronics market. It reflects the growing importance of innovations in the dynamic field of camera technology, where artificial intelligence, advanced sensors and computational photography are transforming how users capture and share their experiences.

SAN JOSE, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Sharp Corporation, a global smart TV and consumer electronics manufacturer, has agreed to renew a multi-year worldwide license for Adeia's media intellectual property (IP) portfolio. This multi-year agreement extends the longstanding relationship between the two companies, encompassing Adeia's expansive media IP portfolio. "We are pleased to continue our 25-plus year partnership with Sharp, which, for decades, has been a global leader in consumer electronics. Sharp is a global brand that

SAN JOSE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) has entered into a multi-year agreement with Amazon that covers Adeia's media intellectual property (IP) portfolio. "Amazon plays an immense role in today's innovation society," said Paul E. Davis, Adeia's chief executive officer. "We are pleased to include Amazon among our many distinguished customers." Adeia's advanced R&D results in fundamental innovations that power their customers' next-generation products, delivering breakthroughs in digital experiences for consumer and enterprise applications. The company's IP shapes the way millions of people explore and experience entertainment and enhances billions of

 Signed 7 deals across multiple verticals in the third quarterBoard increased share repurchase authorization up to $200 millionFiled patent infringement litigation against DisneySigned a new multi-year e-commerce license agreement with a leading luxury retailer SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (NASDAQ:ADEA) (the "Company" or "Adeia") today announced financial results for the third quarter ended September 30, 2024. "In the third quarter, we signed 7 deals in multiple verticals including consumer electronics, Pay-TV, OTT and semiconductor. Our financial results remain solid as we delivered $86.1 million in revenue and an EBITDA margin of approximately 60%. We