---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-039053"
form_type: "8-K"
ticker: "ADEA"
cik: "0001803696"
company_name: "Adeia Inc."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T04:39:20.296384+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Adeia Q2 revenue $83.2M, GAAP EPS $0.01; appoints Adam Rymer to board

## Summary
- Q2 revenue $83.2M (down from Q1 $117.3M); H1 revenue $200.5M vs $246.3M prior year.
- GAAP diluted EPS $0.01, non-GAAP $0.26; adjusted EBITDA $51.7M.
- Paid down $20.1M on term loan (balance $645.5M); declared $0.05 dividend payable Sept 18.
- Closed nine licensing deals including Cox Communications, DAZN, Enseo.
- Appointed Adam Rymer to board (independent, Audit Committee), effective Aug 4.

## SEC filing metadata
- accession: 0000950170-23-039053
- form_type: 8-K
- ticker: ADEA
- cik: 0001803696
- company_name: Adeia Inc.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803696/000095017023039053/0000950170-23-039053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803696/000095017023039053/adea-20230804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-039053
- JSON: https://secwatch.observer/filing/0000950170-23-039053.json
- Plain text: https://secwatch.observer/filing/0000950170-23-039053.txt

## Key facts
- Earnings Releases
  Adeia Inc. reported second quarter ended June 30, 2023 results: revenue $83.2 million, net income $1.4 million, EPS $0.01. Guidance reaffirmed.
  - Period: second quarter ended June 30, 2023
  - Revenue: $83.2 million
  - Net income: $1.4 million
  - EPS: $0.01
  - Guidance: reaffirmed
  - Result: reported results
  source text: on track to achieve our goals for 2023 and we continue to make excellent progress towards our long-term strategic objectives.” Second Quarter Financial Highlights • Revenue was $83.2 million compared to $117.3 million in the first quarter of 2023; total revenue for the first half of 2023 was $200.5 million compared to $246.3 million in the prior year • GAAP diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803696/000095017023039053/0000950170-23-039053-index.htm
- Executive change
  Adam Rymer was appointed as Independent Director at Adeia Inc..
  - Action: appointed
  - Role: Independent Director
  source text: On August 4, 2023, the Board took action by unanimous written consent without a meeting, effective as of August 4, 2023, to increase the size of the Board from five (5) directors to six (6) directors and to appoint Adam Rymer to the Board as an independent director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803696/000095017023039053/0000950170-23-039053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.