ADEA FY 2023 Earnings — Adeia Inc. Revenue & Financial Results | Market Cap Arena

ADEAAdeia Inc.

$3B

FY 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$389M-11.4% YoY

Gross Profit

$294M75.5% margin

Operating Income

$146M37.4% margin

Net Income

$67M17.3% margin

EPS (Diluted)

$0.60

Cash Flow

Operating Cash Flow

$153M

Free Cash Flow

$146M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$749M

Stockholders' Equity

$357M

Cash & Equivalents

$55M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$389M	$439M	-11.4%
Gross Profit	$294M	$325M	-9.6%
Operating Income	$146M	$162M	-10.0%
Net Income	$67M	-$296M	+122.8%