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GlobeNewswire·

Adeia Announces Third Quarter 2026 Financial Results

  • Dipti Vachani appointed as Chief Executive Officer of Adeia Inc.
  • Signed multi-year license renewals with Charter & TCL
  • Secured eight total license agreements in Q3 2026, including four new customers across Pay-TV, consumer electronics, e-commerce, & social media
  • Maintained long-term annual revenue outlook of $600 million
  • Reported Q3 2026 revenue of $80.2 million, down from $96.1 million in Q2 2026
  • Reported Q3 2026 GAAP diluted EPS of $0.02 & non-GAAP diluted EPS of $0.21
  • Reported Q3 2026 GAAP net income of $2.3 million & adjusted EBITDA of $36.9 million
  • Generated $5.1 million in cash flow from operations
  • Paid down $6.1 million on term loan, reducing outstanding balance to $386.5 million
  • Ended Q3 2026 with $127.7 million in cash, cash equivalents, & marketable securities
  • Adjusted full-year 2026 revenue guidance range to $375.0 million – $415.0 million from prior $395.0 million – $435.0 million
  • Paid $5.5 million quarterly cash dividend ($0.05 per share) on September 14, 2026
  • Board declared new $0.05 per share dividend payable on December 14, 2026