---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-059378"
form_type: "8-K"
ticker: "ADEA"
cik: "0001803696"
company_name: "Adeia Inc."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:21:59.873642+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Adeia Q3 revenue $101.4M, GAAP EPS $0.21, renews Samsung and Starz, settles NVIDIA litigation

## Summary
- Revenue $101.4M (vs $83.2M in Q2 2023); GAAP net income $24.2M; adjusted EBITDA $70.7M.
- Non-GAAP diluted EPS $0.38; GAAP diluted EPS $0.21; paid down $15.1M on term loan.
- Full-year 2023 outlook: revenue $385-395M, adjusted EBITDA $256.7-263.7M.
- Closed renewals with Samsung (mobile) and Starz (OTT); settled litigation with NVIDIA.
- Appointed Phyllis Turner-Brim to board effective Nov 3, 2023; she is SVP & Deputy GC at HP.

## SEC filing metadata
- accession: 0000950170-23-059378
- form_type: 8-K
- ticker: ADEA
- cik: 0001803696
- company_name: Adeia Inc.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803696/000095017023059378/0000950170-23-059378-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803696/000095017023059378/adea-20231103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-059378
- JSON: https://secwatch.observer/filing/0000950170-23-059378.json
- Plain text: https://secwatch.observer/filing/0000950170-23-059378.txt

## Key facts
- Earnings Releases
  Adeia Inc. reported third quarter ended September 30, 2023 results: revenue $101.4 million, net income $24.2 million, EPS $0.21.
  - Period: third quarter ended September 30, 2023
  - Revenue: $101.4 million
  - Net income: $24.2 million
  - EPS: $0.21
  - Result: reported results
  source text: Revenue was $101.4 million as compared to $83.2 million in the second quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803696/000095017023059378/0000950170-23-059378-index.htm
- Executive change
  Phyllis Turner-Brim was appointed as Director at Adeia Inc..
  - Action: appointed
  - Role: Director
  source text: On November 3, 2023, the Board approved effective immediately to increase the size of the Board from six (6) directors to seven (7) directors and to appoint Phyllis Turner-Brim to the Board as an independent director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803696/000095017023059378/0000950170-23-059378-index.htm

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