Adeia Reports Q3 Non-GAAP Earnings and Revenue Decline, Updates Guidance

Adeia Inc. reported third-quarter 2026 revenue of $80.2 million, missing analyst estimates of $98.9 million. The company posted a non-GAAP diluted EPS of $0.21, compared to the consensus estimate of $0.30. Alongside the results, Adeia updated its full-year 2026 revenue guidance to a range of $375 million to $415 million, which falls below the prior FactSet estimate of $416 million. During the quarter, the company signed eight license agreements, including renewals with Charter and TCL. Additionally, the Board of Directors declared a quarterly cash dividend of $0.05 per share, payable on December 14, 2026, to stockholders of record on November 23, 2026.