secwatch.observer — SEC 8-K summary
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Issuer:     Adeia Inc. (ADEA)
CIK:        0001803696
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0000950170-22-015545
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xperi Q2 revenue $234M (+5% YoY), GAAP loss, non-GAAP EPS $0.52; separation on track
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- Revenue $234M, up 5% YoY; IP licensing $107.8M, Product $126.2M.
- GAAP EPS ($0.05) vs non-GAAP EPS $0.52; cash from operations $40.8M.
- Signed long-term IP renewal with leading CE/OTT provider; appointed Paul Davis as Adeia president.
- Acquired Vewd; signed first TV OEM for TiVo OS with expected 2023 launch.
- Updated FY2022 guidance: revenue $930-960M; declared Q3 dividend $0.05/share payable Sept 19.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803696/000095017022015545/0000950170-22-015545-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803696/000095017022015545/xper-20220808.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-015545

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer