Adeia Inc. (NASDAQ:ADEA) Q4 2023 Earnings Call Transcript

Paul Davis: Great. Thanks, Dean. Appreciate the questions. So on those deals, yes, we continue to track it. They’re still at fairly early stages of their product ramp, but we do anticipate to see more and more of that in 2024, and it will continue to ramp as that deal goes forward. As we mentioned last year, it’s a very – those are very long-term deals for us, and we expect the revenue contribution for them to continue to increase over time.

Operator: [Operator Instructions] Seeing no further questions, I will now turn the call back to CEO, Paul Davis for any closing remarks.

Paul Davis: Thank you, operator. Last year, we met our goals and delivered solid financial results, sending us on a path toward continued success in 2024 and beyond. I want to thank our partners, employees, and stakeholders for their continued support and dedication. In March, we will be participating at the Deutsche Bank Media, Internet and Telecom Conference. We hope to see many of you there and at other investor events throughout the year. Thank you for joining us today.

Operator: This concludes today’s conference call. You may now disconnect.