Adeia (ADEA) to Release Quarterly Earnings on Monday

Adeia (NASDAQ:ADEA) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $88.96 million for the quarter. Adeia has set its FY 2025 guidance at EPS.

Adeia (NASDAQ:ADEA) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.42 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.42. The business had revenue of $119.17 million for the quarter, compared to analysts’ expectations of $114.22 million. Adeia had a return on equity of 32.81% and a net margin of 17.19%. During the same quarter in the prior year, the firm posted $0.27 EPS.

Adeia Stock Performance

Shares of ADEA opened at $12.42 on Monday. The stock’s 50-day simple moving average is $13.61 and its 200 day simple moving average is $13.17. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 21.79 and a beta of 1.47. The company has a debt-to-equity ratio of 1.15, a quick ratio of 3.53 and a current ratio of 3.53. Adeia has a 52-week low of $9.68 and a 52-week high of $17.46.

Adeia Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.20 dividend on an annualized basis and a yield of 1.61%. Adeia’s dividend payout ratio (DPR) is 35.09%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ADEA. Rosenblatt Securities reissued a “buy” rating and set a $20.00 price objective on shares of Adeia in a report on Friday, February 28th. BWS Financial reaffirmed a “buy” rating and issued a $18.00 price target on shares of Adeia in a report on Tuesday, April 15th. Finally, Maxim Group raised their price target on Adeia from $15.00 to $17.00 and gave the company a “buy” rating in a report on Wednesday, February 19th.

Adeia Company Profile

Adeia Inc, together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company in the United States, Canada, Asia, Europe, the Middle East, and internationally. The company licenses its patent portfolios across various markets, including multichannel video programming distributors comprising cable, satellite, and telecommunications television providers that aggregate and distribute linear content over networks, as well as television providers that aggregate and stream linear content over broadband networks; over-the-top video service providers and social media companies, such as subscription video-on-demand and advertising-supported streaming service providers, as well as content providers, networks, and media companies.