Adeia Q1 revenue $87.7M, GAAP EPS $0.10; reiterates FY2025 guidance

Adeia Inc.

2025-Q1 EPS reported $0.10 revenue$87,670,000

Revenue $87.7M, GAAP net income $11.8M ($0.10 diluted EPS); non-GAAP EPS $0.26, adjusted EBITDA $47.3M.
Cash from ops $57.1M; paid down $17.1M debt, repurchased $10M stock; term loan repriced down 50bps.
Signed 10 deals, 4 with new customers in social media, OTT, semiconductors; acquired strategic patent portfolios in microLED and imaging.
Full-year 2025 guidance reaffirmed: revenue $390M-$430M, adjusted EBITDA $226M-$258M.
Quarterly dividend $0.05/share declared, payable June 17 to holders of record May 27.

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