secwatch.observer — SEC 8-K summary
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Issuer:     Adeia Inc. (ADEA)
CIK:        0001803696
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001564590-22-018878
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xperi Q1 revenue $257M (+16% YoY); GAAP EPS $0.24; reaffirms FY2022 outlook; separation on track
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- Revenue $257.4M (+16% YoY from $221.6M); GAAP EPS $0.24, non-GAAP EPS $0.92.
- Cash from operations $46.3M vs $26.7M; repurchased $17.3M of stock; dividend $0.05/share.
- Reaffirmed FY2022 revenue guidance $910M-$950M; operating cash flow $200M-$230M.
- On track to separate Product and IP businesses in fall 2022; IP licensing rev $138.5M, Product rev $118.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803696/000156459022018878/0001564590-22-018878-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803696/000156459022018878/xper-8k_20220509.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-018878

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