ADEA Q2 2023 Earnings — Adeia Inc. Revenue & Financial Results | Market Cap Arena

ADEAAdeia Inc.

$3B

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$83M-22.8% YoY

Gross Profit

$59M71.1% margin

Operating Income

$20M24.1% margin

Net Income

$1M1.7% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-29.1%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$27M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$800M

Stockholders' Equity

$323M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$108M	-22.8%
Gross Profit	$59M	$63M	-6.3%
Operating Income	$20M	$38M	-46.6%
Net Income	$1M	-$6M	+125.2%

Geographic Segments

U.S. And Canada

$73M88%

Asia

$7M9%

Europe And Middle East

$2M3%

Other Asia

$436,0001%