Stock Track | Adeia Soars 5.13% Amid Stronger Than Expected Full Year 2024 Results

Stock Track02-20

Shares of Adeia (NASDAQ:ADEA) soared 5.13% in intraday trading on Thursday, as the semiconductor intellectual property (IP) licensing company reported better-than-expected fiscal year 2024 earnings results.

For the full year, Adeia posted revenue of $376 million, down 3.3% year-over-year but exceeding analyst estimates by 1.3%. Earnings per share of $0.59 also beat consensus forecasts by 5.6%, with the company maintaining a healthy 17% profit margin.

The robust results sent Adeia shares higher, building on a 26% rally seen over the past week. While revenue declined slightly from the prior year, the company's earnings power remained resilient amid cost controls. Additionally, Adeia's forward guidance calling for 6% annual revenue growth over the next two years surpassed expectations for the broader software industry.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1164889821?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-02-21 00:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1164889821","market":"hk","top_or_hot":-1,"title":"Stock Track | Adeia Soars 5.13% Amid Stronger Than Expected Full Year 2024 Results","media":"Stock Track","content":"<p>Shares of Adeia (NASDAQ:ADEA) soared 5.13% in intraday trading on Thursday, as the semiconductor intellectual property (IP) licensing company reported better-than-expected fiscal year 2024 earnings results.</p>\n\n<p>For the full year, Adeia posted revenue of $376 million, down 3.3% year-over-year but exceeding analyst estimates by 1.3%. Earnings per share of $0.59 also beat consensus forecasts by 5.6%, with the company maintaining a healthy 17% profit margin.</p>\n\n<p>The robust results sent Adeia shares higher, building on a 26% rally seen over the past week. While revenue declined slightly from the prior year, the company's earnings power remained resilient amid cost controls. Additionally, Adeia's forward guidance calling for 6% annual revenue growth over the next two years surpassed expectations for the broader software industry.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Adeia Soars 5.13% Amid Stronger Than Expected Full Year 2024 Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Adeia Soars 5.13% Amid Stronger Than Expected Full Year 2024 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-21 00:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Adeia (NASDAQ:ADEA) soared 5.13% in intraday trading on Thursday, as the semiconductor intellectual property (IP) licensing company reported better-than-expected fiscal year 2024 earnings results.</p>\n\n<p>For the full year, Adeia posted revenue of $376 million, down 3.3% year-over-year but exceeding analyst estimates by 1.3%. Earnings per share of $0.59 also beat consensus forecasts by 5.6%, with the company maintaining a healthy 17% profit margin.</p>\n\n<p>The robust results sent Adeia shares higher, building on a 26% rally seen over the past week. While revenue declined slightly from the prior year, the company's earnings power remained resilient amid cost controls. Additionally, Adeia's forward guidance calling for 6% annual revenue growth over the next two years surpassed expectations for the broader software industry.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"","article_id":"1164889821","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164889821","pubTimestamp":1740068913,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Adeia  soared 5.13% in intraday trading on Thursday, as the semiconductor intellectual property  licensing company reported better-than-expected fiscal year 2024 earnings results.For the full year, Adeia posted revenue of $376 million, down 3.3% year-over-year but exceeding analyst estimates by 1.3%. Earnings per share of $0.59 also beat consensus forecasts by 5.6%, with the company maintaining a healthy 17% profit margin.The robust results sent Adeia shares higher, building on a 26% r","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"2024年全年业绩强于预期，股票赛道Adeia飙升5.13%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADEA":1},"content_text":"Shares of Adeia (NASDAQ:ADEA) soared 5.13% in intraday trading on Thursday, as the semiconductor intellectual property (IP) licensing company reported better-than-expected fiscal year 2024 earnings results.\nFor the full year, Adeia posted revenue of $376 million, down 3.3% year-over-year but exceeding analyst estimates by 1.3%. Earnings per share of $0.59 also beat consensus forecasts by 5.6%, with the company maintaining a healthy 17% profit margin.\nThe robust results sent Adeia shares higher, building on a 26% rally seen over the past week. While revenue declined slightly from the prior year, the company's earnings power remained resilient amid cost controls. Additionally, Adeia's forward guidance calling for 6% annual revenue growth over the next two years surpassed expectations for the broader software industry.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1164889821"}