Adeia Q4 revenue $119.2M, record post-separation; signs Amazon, Canon deals

Adeia Inc.

2024-FY EPS reported $0.57 revenue$376,024,000

Q4 GAAP diluted EPS $0.32, non-GAAP $0.47; revenue $119.2M vs $86.1M in Q3.
Full-year 2024 revenue $376.0M (down from $388.8M in 2023); GAAP EPS $0.57, non-GAAP $1.26.
Signed 10 deals in Q4 including new agreements with Amazon, Canon, and a luxury e-commerce customer.
Paid down $50M debt in Q4, repurchased $20M stock; debt balance $487.1M at year-end.
2025 revenue guidance $390M-$430M; adjusted EBITDA $226M-$258M; dividend $0.05/share declared.

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