Adeia (ADEA) Q1 Earnings Beat Estimates

Adeia (ADEA) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.64%. A quarter ago, it was expected that this provider of chip technology for small electronic devices would post earnings of $0.26 per share when it actually produced earnings of $0.27, delivering a surprise of 3.85%.Ove ...