Adeia (ADEA) Lags Q3 Earnings and Revenue Estimates

Adeia (ADEA) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of$ 0.35 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -22.86%. A quarter ago, it was expected that this provider of chip technology for small electronic devices would post earnings of$ 0.23 per share when it actually produced earnings of $0.28, delivering a surprise of 21.74%.O ...