Quarterly ResultAug 3, 2026, 04:08 PM
Adeia Raises Long-Term Revenue Outlook to $600M; Q2 Revenue $96.1M
AI Summary
Adeia Inc. announced its second quarter 2026 financial results, reporting revenue of $96.1 million and non-GAAP diluted EPS of $0.34. The company significantly increased its long-term annual revenue outlook to $600 million from $500 million, driven by confidence in its semiconductor business. Key business highlights include multi-year license agreements with Google (YouTube TV) and RPX, adding 10 new e-commerce customers, and a new agreement with L'Oréal.
Key Highlights
- Long-term annual revenue outlook increased to $600 million from $500 million.
- Signed multi-year license renewal with Google, including YouTube TV.
- Signed multi-year license agreement with RPX, adding 10 new e-commerce customers.
- Q2 2026 revenue was $96.1 million.
- Q2 2026 non-GAAP diluted EPS was $0.34.
- Q2 2026 adjusted EBITDA was $56.4 million, with a 59% margin.
- Repurchased $10.0 million of common stock in Q2.
- Declared a quarterly cash dividend of $0.05 per share.
Price Impact
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