ADEA Q3 2023 Earnings — Adeia Inc. Revenue & Financial Results | Market Cap Arena

ADEAAdeia Inc.

$3B

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$101M+13.6% YoY

Gross Profit

$78M76.6% margin

Operating Income

$42M41.7% margin

Net Income

$24M23.9% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+21.8%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$21M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$780M

Stockholders' Equity

$344M

Cash & Equivalents

$52M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$101M	$89M	+13.6%
Gross Profit	$78M	$43M	+80.1%
Operating Income	$42M	$19M	+125.1%
Net Income	$24M	-$389M	+106.2%

Revenue Segments

Media Platform

$96M94%

Semiconductor

$6M6%

Geographic Segments

U.S. And Canada

$78M77%

Asia

$21M21%

Europe And Middle East

$2M2%

Other Asia

$450,0000%