Adeia Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
For the full year, sales was USD 388.79 million compared to USD 438.93 million a year ago. Net income was USD 67.37 million compared to net loss of USD 295.88 million a year ago. Basic earnings per share from continuing operations was USD 0.63. Diluted earnings per share from continuing operations was USD 0.6. Basic earnings per share was USD 0.63 compared to basic loss per share of USD 2.83 a year ago. Diluted earnings per share was USD 0.6 compared to diluted loss per share of USD 2.75 a year ago.