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Adeia Inc. reports $29 million Q1 profit

Adeia Inc. reports $29 million Q1 profit

The company generated $117.30 million in quarterly revenue

By USInMinutes
Published - May 08, 2023, 04:20 PM ET
Last Updated - Jul 18, 2023, 03:34 PM EDT

Adeia Inc. [ADEA] has reported fiscal Q1 profit of $29 million.

On a per-share basis, the DE based company said its diluted earnings are $0.26 .

The Cable & Other Pay Television Services firm posted revenue of $117.30 million in this period.

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