Adeia Sees 2024 Revenue $380M-$420M vs $400.31M Est.
Portfolio Pulse from Benzinga Newsdesk
Adeia has provided its revenue guidance for 2024, projecting between $380 million and $420 million, compared to the market estimate of $400.31 million.
August 06, 2024 | 9:02 pm
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NEUTRAL IMPACT
Adeia has issued its revenue guidance for 2024, forecasting between $380 million and $420 million, which is in line with the market estimate of $400.31 million.
Adeia's revenue guidance for 2024 is within the range of market expectations. This neutral guidance is unlikely to significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100