ADEA Q2 2024 Earnings — Adeia Inc. Revenue & Financial Results | Market Cap Arena

ADEAAdeia Inc.

$3B

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$87M+5.0% YoY

Gross Profit

$67M76.5% margin

Operating Income

$28M31.9% margin

Net Income

$8M9.6% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$23M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$710M

Stockholders' Equity

$359M

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$87M	$83M	+5.0%
Gross Profit	$67M	$59M	+12.9%
Operating Income	$28M	$20M	+39.1%
Net Income	$8M	$1M	+490.7%

Revenue Segments

Media Platform

$84M96%

Semiconductor

$4M4%

Geographic Segments

UNITED STATES

$72M82%

Asia

$10M12%

CANADA

$3M4%

Europe And Middle East

$2M2%

Other Asia

$455,0001%