Adeia Q3 Adj. EPS $0.21 Misses $0.29 Estimate, Sales $80.193M Miss $98.875M Estimate

Benzinga Newsdesk 3 days ago

NewsEarningsEarnings Misses

Adeia (NASDAQ:ADEA) reported quarterly earnings of $0.21 per share which missed the analyst consensus estimate of $0.29 by 30 percent. This is a 25 percent decrease over earnings of $0.28 per share from the same period

Adeia (NASDAQ:ADEA) reported quarterly earnings of $0.21 per share which missed the analyst consensus estimate of $0.29 by 30 percent. This is a 25 percent decrease over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $80.193 million which missed the analyst consensus estimate of $98.875 million by 18.89 percent. This is a 8.18 percent decrease over sales of $87.339 million the same period last year.

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