---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-053530"
form_type: "8-K"
ticker: "ADEA"
cik: "0001803696"
company_name: "Adeia Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:18:18.797905+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Adeia Q1 revenue $83.4M, adjusted EBITDA $50M; reaffirms FY2024 guidance

## Summary
- GAAP net income $0.9M ($0.01 diluted EPS); non-GAAP EPS $0.25; adjusted EBITDA $50.0M.
- Cash from operations $67.2M; paid down $40.1M on term loan, balance $561.1M.
- Signed 10 agreements across Pay-TV, OTT, semiconductor, CE in US, Europe, Japan, S. Korea.
- Reiterated FY2024 outlook: revenue $380-420M, adjusted EBITDA $232.5-262.5M.
- Quarterly dividend $0.05 per share, payable June 18, 2024.

## SEC filing metadata
- accession: 0000950170-24-053530
- form_type: 8-K
- ticker: ADEA
- cik: 0001803696
- company_name: Adeia Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803696/000095017024053530/0000950170-24-053530-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803696/000095017024053530/adea-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-053530
- JSON: https://secwatch.observer/filing/0000950170-24-053530.json
- Plain text: https://secwatch.observer/filing/0000950170-24-053530.txt

## Key facts
- Earnings Releases
  Adeia Inc. reported first quarter ended March 31, 2024 results: revenue $83.4 million, net income $0.9 million, EPS $0.01. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $83.4 million
  - Net income: $0.9 million
  - EPS: $0.01
  - Guidance: reaffirmed
  - Result: reported results
  source text: in markets that will drive future growth, including in OTT, adjacent media markets, and in our semiconductor business.” First Quarter Financial Highlights • Revenue was $83.4 million as compared to $86.9 million in the fourth quarter of 2023 • GAAP diluted earnings per share (EPS) was $0.01 and non-GAAP diluted EPS was $0.25 • GAAP net income was $0.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803696/000095017024053530/0000950170-24-053530-index.htm

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