Adeia Inc Stock Price, News & Analysis

Adeia (NASDAQ: ADEA) reported solid Q1 2025 financial results with revenue of $87.7 million and generated $57.1 million in cash from operations. The company signed 10 new deals, including 4 with new customers in social media, OTT, and semiconductors. Key financial actions included paying down $17.1 million in debt, repurchasing $10 million of common stock, and maintaining a $0.05 quarterly dividend. The company's patent portfolio grew 32% since separation to over 12,750 assets. Adeia reaffirmed its 2025 guidance with expected revenue of $390-430 million. Notable achievements include new licensing agreements with a leading social media company, an international media company, a major U.S. sports league, and a semiconductor manufacturer, plus renewals with SK Broadband and Frontier Communications.

Adeia Inc (Nasdaq: ADEA) has scheduled the release of its first quarter 2025 financial results on Monday, May 5, 2025, after market close. The company will host an earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

Participants can join via phone by dialing +1 (888) 660-6411 (U.S.) or +1 (929) 203-0849 (International). A webcast replay will be available through May 4, 2026, and a telephonic replay will be accessible until May 12, 2025, by dialing +1 (609) 800-9909 with playback ID# 6089024.

Adeia (Nasdaq: ADEA) has nominated Sandeep Vij to its Board of Directors for election at the 2025 Annual Meeting of Shareholders. Vij, co-founder and managing partner of Argean Capital, brings over 25 years of experience in semiconductor design, IP licensing, and technology investing.

Vij's background includes serving as CEO of MIPS Technologies and leadership roles at Cavium Networks, Xilinx, and Altera He currently serves on the board of Coherent Corp. and holds engineering degrees from San Jose State University and Stanford University.

The nomination coincides with the retirement of Raghavendra Rau, who has served on Adeia's board since 2020 and chaired the nominating and corporate governance committee. Rau played a important role during the company's separation from its product business in 2022.

Adeia Inc. (Nasdaq: ADEA) has renewed a multi-year intellectual property (IP) license agreement with SK Broadband, a leading IPTV provider in South Korea. The renewal grants SK Broadband access to Adeia's media portfolio, enabling the delivery of advanced entertainment solutions.

Dr. Mark Kokes, Adeia's chief licensing officer and general manager, media, emphasized that the partnership helps companies navigate the rapidly evolving entertainment landscape while delivering high-quality experiences. The agreement reinforces SK Broadband's commitment to providing world-class digital entertainment solutions to its South Korean customer base, leveraging Adeia's decades of research and development in transformative media technologies.

Adeia (NASDAQ: ADEA) reported strong Q4 2024 results with record post-separation revenue of $119.2 million, up from $86.1 million in Q3 2024. The company achieved a 67% operating margin and signed 10 new deals across multiple verticals, including strategic agreements with Amazon, Canon, and a luxury retailer.

Q4 highlights include GAAP diluted EPS of $0.32, non-GAAP diluted EPS of $0.47, and operating cash flows of $107.5 million. The company executed $50 million in debt payments and repurchased $20 million of common stock.

Full-year 2024 revenue was $376.0 million compared to $388.8 million in 2023. The company's patent portfolio grew 12% year-over-year to over 12,000 assets. For 2025, Adeia projects revenue between $390.0-430.0 million.

Adeia (Nasdaq: ADEA) has renewed its intellectual property (IP) license agreement with LG U+, a major South Korean IPTV service provider. The multi-year renewal extends LG U+'s access to Adeia's media portfolio for its products and services.

The renewal strengthens Adeia's position in South Korea's digital entertainment market, with Dr. Mark Kokes, Adeia's chief licensing officer, highlighting the significance of LG U+'s presence in the country's expanding digital entertainment landscape. The agreement reinforces Adeia's role as a key enabler of innovative media technologies in one of the world's most advanced entertainment markets.

Adeia (Nasdaq: ADEA) has announced the renewal of a multi-year IP license agreement with Fetch TV, an Australian digital entertainment platform. The agreement allows Fetch TV to license Adeia's media intellectual property portfolio, strengthening Adeia's position in Australia's home entertainment market.

This renewal follows several significant licensing agreements that reinforce Adeia's role as a foundational technology leader in the digital entertainment ecosystem. The company's innovations are important in powering smart TVs and streaming platforms, reflecting their commitment to advancing video technology and enabling high-quality entertainment experiences.

Adeia's research and development efforts have resulted in market-leading technologies that impact consumers' daily interaction with entertainment, allowing customers to build customized, next-generation digital entertainment solutions globally.

Adeia Inc. (ADEA) has successfully completed its second debt repricing in the past 8 months, reducing the interest rate on its Term Loan B by 50 basis points. The new interest rate is set at SOFR + 250 basis points, applicable to the remaining balance of approximately $487.1 million. This repricing will result in annual cash interest savings of about $2.4 million.

The company has maintained the original June 2028 maturity date, with all other terms remaining substantially unchanged. Since becoming an independent company in October 2022, Adeia has paid down $272.3 million on its Term Loan B, demonstrating its commitment to strengthening its balance sheet and reducing interest expenses through accelerated debt repayments.

Adeia (Nasdaq: ADEA) has announced the renewal of its intellectual property (IP) license agreement with Roku, the leading TV streaming platform in the U.S. The multi-year renewal ensures Roku's continued access to Adeia's media IP portfolio for its products and services.

Dr. Mark Kokes, Adeia's chief licensing officer and general manager of media, emphasized the agreement's significance in demonstrating the ongoing relevance of their technology in the streaming video sector. Adeia's advanced media technologies and IP contribute to enhancing consumer experiences in digital entertainment, as the company continues to drive innovation and deliver solutions for the industry.