Adeia (ADEA) Q2 Earnings and Revenues Surpass Estimates

Adeia (ADEA) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of$ 0.23 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.74%. A quarter ago, it was expected that this provider of chip technology for small electronic devices would post earnings of$ 0.22 per share when it actually produced earnings of $0.25, delivering a surprise of 13.64%.Ov ...