Welcome to our dedicated page for Adeia news (Ticker: ADEA), a resource for investors and traders seeking the latest updates and insights on Adeia stock.
Adeia Inc. (Nasdaq: ADEA) is an R&D and intellectual property licensing company focused on media and semiconductor technologies, and its news flow reflects this dual focus. Company updates frequently cover new and renewal IP license agreements with Pay-TV and OTT providers, broadband and video service providers, e-commerce companies and semiconductor manufacturers. Recent announcements include long-term media IP licenses with Altice USA’s Optimum brand and The Walt Disney Company, both of which also resolved outstanding litigation between the parties.
Investors following ADEA news can track how Adeia’s deal execution and portfolio expansion translate into revenue guidance and non-GAAP performance metrics. Quarterly earnings releases detail revenue, operating expenses, adjusted EBITDA, debt repayment and dividend declarations, along with updated financial outlooks. The company also reports on the mix of recurring revenue from areas such as non-Pay-TV media and semiconductors, providing insight into the evolution of its licensing base.
Legal and enforcement developments are another key component of Adeia’s news. The company has announced patent infringement litigation against AMD related to semiconductor IP and reported a favorable judgment in Canada in its case against Videotron, including a permanent injunction and damages on specific media patents. Industry recognition and technology milestones, such as the “Most Innovative Technology” award at FMS for its hybrid bonding technology and the introduction of RapidCool liquid cooling for high performance semiconductors, also feature prominently.
This ADEA news page aggregates these earnings releases, licensing announcements, litigation updates and technology recognitions in one place, allowing readers to monitor how Adeia’s IP licensing strategy, legal actions and R&D initiatives progress over time.
Adeia Inc. (Nasdaq: ADEA) has announced a licensing agreement with Qorvo for its hybrid bonding technology, aimed at advancing 3D semiconductor architectures. This technology is expected to optimize the RF front-end devices, enhancing performance and functionality in smaller packages. Adeia boasts a robust intellectual property portfolio in the semiconductor sector, reflecting its three decades of innovation. As the semiconductor industry shifts toward more compact solutions, this partnership positions Adeia favorably within that trend.
Adeia Inc. (Nasdaq: ADEA) will release its financial results for Q4 and the full year ending December 31, 2022, on February 22, 2023, after market close. An earnings conference call will follow at 2:00 PM PT. Investors can join via U.S. at 877-451-6152 or internationally at 201-389-0879. The company encourages participants to dial in 15 minutes early. The call will also be available through a webcast. A replay will be accessible until March 8, 2023.
Adeia Inc. (Nasdaq: ADEA) has announced a multi-year renewal of its licensing agreement with Fetch TV, a prominent content aggregation platform in Australia. This agreement solidifies Adeia's media intellectual property portfolio's value in a growing market. Fetch TV aims to enhance user experience by integrating advanced technologies from Adeia, catering to the increasing demand for diverse content services. Adeia's innovations have been pivotal in shaping modern entertainment experiences, reflecting the company's commitment to research and development across the media industry.
Adeia Inc. (Nasdaq: ADEA) has announced a long-term agreement with Samsung Electronics to renew its license for Adeia's media intellectual property portfolio, particularly for Samsung's Smart TVs. This renewal underscores the effectiveness of Adeia's innovations in the connected TV market, where consumer behaviors are shifting towards AVOD and FAST services. The rise of these services provides new revenue opportunities for CTV manufacturers, bolstering Adeia's position as a leader in entertainment technology. Adeia continues to invest in R&D to develop solutions that enhance consumer entertainment experiences.
Adeia Inc. (Nasdaq: ADEA) has renewed its multi-year licensing agreement with SONIFI Solutions, enhancing its media IP portfolio for the hospitality sector. This partnership aims to improve digital experiences for hotel guests, allowing them access to personalized media services. With over 30 years of service in hospitality, SONIFI addresses the evolving demands of travelers, especially post-pandemic. Adeia's innovative technologies are fundamental to modern entertainment experiences, fostering customer engagement and driving the growth of digital solutions in the hospitality industry.
Adeia Inc. (Nasdaq: ADEA) reported its third-quarter financial results on November 9, 2022, revealing total revenue of $210.9 million, down 4% year-over-year. The Intellectual Property (IP) business generated $89.3 million, a 12% decline. However, total revenue for the nine months rose 6% to $702.4 million. Adeia is reiterating full-year revenue guidance, narrowing it to $430 - $445 million. The company successfully completed its product business spin-off and signed key licensing deals with Foxtel and Philo, showcasing its growth potential.
Xperi Inc. reported Q3 2022 financial results, highlighting a 3% revenue increase year-over-year to $121.6 million. Non-GAAP EPS stood at ($0.22), while GAAP EPS was ($9.54) with an adjusted EBITDA loss of $0.7 million. The company announced a significant $354 million non-cash goodwill impairment charge following a carve-out from Xperi Holding Corporation. Key achievements included surpassing 1 million IPTV subscribers and launching the DTS AutoStage™ platform in collaboration with multiple automotive OEMs. Xperi reiterated its 2022 revenue guidance of $490 to $510 million.
Adeia Inc. (Nasdaq: ADEA) announced a long-term renewal agreement with Frndly TV, a leading low-cost live TV provider in the U.S. This licensing deal reinforces Adeia's strong position in the Pay-TV streaming sector, highlighting the relevance of its media patent portfolio. Frndly TV, now among the top 10 vMVPDs, offers over 40 live TV channels starting at $6.99/month. Dr. Mark Kokes emphasized that this partnership will enhance entertainment discovery experiences for Frndly TV’s customers, showcasing Adeia’s continuous innovation in the industry.
Adeia Inc. (Nasdaq: ADEA) announced its participation in the Stephens Annual Investment Conference on November 17, 2022. CEO Paul Davis and CFO Keith Jones will engage in a 'fireside chat' starting at 10:00 AM ET, which will be webcasted on Adeia's Investor Relations page. A replay will be available for 90 days post-event. Adeia specializes in developing and licensing technologies that enhance entertainment experiences across devices, promoting smarter and more personalized content management.
Adeia Inc. (Nasdaq: ADEA) will report its third quarter financial results for the period ending September 30, 2022, on November 9, 2022, after market close. This announcement will encompass both the product and intellectual property (IP) businesses prior to their separation. An earnings conference call is scheduled for 2:00 PM PT (5:00 PM ET) on the same day, where investors can dial in or access the call via a webcast link. For more details, visit Adeia's website.
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