Adeia Sees FY23 Revenue $385M-$395M Vs $390.26M Est.
Portfolio Pulse from Benzinga Newsdesk
Adeia has projected its FY23 revenue to be between $385M and $395M, which is in line with the estimated $390.26M.
November 06, 2023 | 9:44 pm
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NEUTRAL IMPACT
Adeia's FY23 revenue forecast is in line with estimates, which could maintain investor confidence.
Adeia's revenue forecast for FY23 is in line with the estimated $390.26M. This suggests that the company's performance is as expected, which could maintain investor confidence and keep the stock price stable in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100