Adeia Q3 Non-GAAP Earnings, Revenue Fall; Updates Guidance
MT newswire2026/11/02 21:50Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:50 PM EST, 11/02/2026 (MT Newswires) -- Adeia (ADEA) reported Q3 non-GAAP earnings late Monday of $0.21 per diluted share, down from $0.28 a year earlier. Analysts polled by FactSet expected $0.30. Revenue for the quarter ended Sept. 30 was $80.2 million, down from $87.3 million a year earlier. Analysts expected $98.9 million. For 2026, the firm now expects revenue of $375.0 million to $415.0 million, against $395 million to $435 million previously. Analysts expected $416 million. The company kept its quarterly dividend at $0.05 per share, payable Dec. 14 to stockholders of record on Nov. 23. Shares were down about 23% in after-hours trading.
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