Adeia posted Q2 revenue of USD 96.1 million, down 8.3% from Q1’s USD 104.8 million.
GAAP net income was USD 17.4 million, yielding GAAP diluted EPS of USD 0.15.
Adjusted EBITDA was USD 56.4 million, implying a 59% adjusted EBITDA margin; operating cash flow totaled USD 54.6 million.
Licensing activity and outlook
Signed six license agreements, adding 12 new customers; renewed a multi-year Google deal covering YouTube TV.
Raised long-term annual revenue outlook to USD 600 million from USD 500 million; maintained full-year 2026 revenue view of USD 395 million to USD 435 million.
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