secwatch.observer — SEC 8-K summary
======================================

Issuer:     Adeia Inc. (ADEA)
CIK:        0001803696
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0000950170-22-023830
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Adeia Q3 combined revenue $210.9M (-4% YoY); narrows FY22 stand-alone revenue guidance to $430-445M
--------------------------------------------------------------------------------

- Combined Q3 revenue $210.9M, down 4% YoY; IP business revenue $89.3M, down 12% YoY.
- Successfully completed spin-off of product business (Xperi) on Oct 1, 2022.
- FY 2022 stand-alone revenue guidance narrowed to $430-445M (from $425-450M); Q4 guided $95-110M.
- Quarterly dividend of $0.05/share declared, payable Dec 21, 2022 to holders of record Nov 30.
- Repaid $10.1M on term loan; outstanding balance $759.4M as of Sep 30, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803696/000095017022023830/0000950170-22-023830-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803696/000095017022023830/adea-20221109.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-023830

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