Adeia Q2 revenue $96.1M, raises long-term revenue outlook to $600M

Adeia Inc.

Q2 revenue $96.1M; GAAP net income $17.4M ($0.15 diluted EPS); non-GAAP diluted EPS $0.34.
Signed multi-year license renewal with Google (YouTube TV) and multi-year agreement with RPX adding 10 e-commerce customers.
Long-term annual revenue outlook raised to $600M from $500M, driven by semiconductor target of $200M.
Full-year 2026 guidance reiterated: revenue $395-435M, adjusted EBITDA $213.4-245.4M.
Declared $0.05/share dividend payable Sept 14, 2026; repurchased $10M stock in Q2.

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