Hamed Khorsand

Matthew Galinko

Kevin Cassidy

Madison De Paola

Scott Searle

- Adeia reported **Q3 2025 revenue of $87.3 million**, which was in line with expectations.  **[0001803696_2228602_1]** **[0001803696_2228602_3]** 
- The company adjusted its **2025 full-year revenue guidance to $360-$380 million** primarily because it has filed patent infringement litigation against AMD, making a license agreement unlikely to close in 2025.  **[0001803696_2228602_1]** **[0001803696_2228602_4]** 
- Non-Pay TV recurring revenue was up **31% year over year** for Q3 2025 and has increased **81% since separation**.  **[0001803696_2228602_1]** **[0001803696_2228602_2]** 
- Adeia made **debt payments of $11.1 million** in Q3 2025, contributing to a total of **$312 million** paid down since separation.  **[0001803696_2228602_3]** **[0001803696_2228602_4]** 
- The company's patent portfolio has grown by over **35% since separation** to over **13,000 patent assets**.  **[0001803696_2228602_2]**

Adeia Reports Q3 2025 Revenue and Adjusts Full-Year Guidance Due to AMD Litigation

- ADEA reported **Q3 2025 revenue of $87.3 million** and made **$11.1 million in principal payments** towards debt.  **[0001803696_2228303:6]** **[0001803696_2228303:7]** 
- The company secured **long-term deals with Altice** and a new e-commerce customer, and received a **positive ruling in the Videotron case**.  **[0001803696_2228303:6]** 
- Since its separation, ADEA has signed **20 new and renewal license agreements**, expanded its patent portfolios by **over 35%**, and improved its balance sheet through a balanced capital allocation approach.  **[0001803696_2228303:6]** 
- For **FY 2025**, ADEA projects GAAP revenue between **$360.0 million and $380.0 million**, and Non-GAAP Adjusted EBITDA between **$202.3 million and $218.3 million**.  **[0001803696_2228303:7]**

ADEA Announces Q3 2025 Results and FY 2025 Outlook

- Adeia reported **revenue of $87.3 million** and **non-GAAP diluted earnings per share (EPS) of $0.28** for the third quarter ended September 30, 2025.  **[1803696_0001193125-25-261727_adea-ex99_1.htm:0]** 
- The company updated its **full-year 2025 revenue guidance** to a range of **$360.0 million to $380.0 million**, down from the prior range of $390.0 million to $430.0 million, primarily because a license agreement with AMD is now unlikely to close in the fourth quarter of 2025.  **[1803696_0001193125-25-261727_adea-ex99_1.htm:0]** **[1803696_0001193125-25-261727_adea-ex99_1.htm:1]** 
- Adeia filed **patent infringement litigation against AMD** for extensive and unauthorized use of its semiconductor portfolio, specifically patents related to hybrid bonding and advanced process nodes.  **[1803696_0001193125-25-261727_adea-ex99_1.htm:0]** 
- The company paid down **$11.1 million of debt** in the third quarter, bringing the total debt repayment to **$312 million** since separation.  **[1803696_0001193125-25-261727_adea-ex99_1.htm:0]**

Adeia (ADEA)