{"id":1016406,"date":"2026-11-02T18:32:51","date_gmt":"2026-11-02T23:32:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/adeia-announces-third-quarter-2026-financial-results\/"},"modified":"2026-11-02T18:32:51","modified_gmt":"2026-11-02T23:32:51","slug":"adeia-announces-third-quarter-2026-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/adeia-announces-third-quarter-2026-financial-results\/","title":{"rendered":"Adeia Announces Third Quarter 2026 Financial Results"},"content":{"rendered":"
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\n Dipti Vachani appointed as Chief Executive Officer<\/em>
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\n Signed multi-year license renewals with Charter and TCL<\/em>
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\n Reiterate confidence in long-term $600 million annual revenue outlook <\/em>
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SAN JOSE, Calif., Nov. 02, 2026 (GLOBE NEWSWIRE) — Adeia Inc. (Nasdaq: ADEA) (the \u201cCompany\u201d or \u201cAdeia\u201d), the technology company\u00a0pioneering\u00a0foundational innovations that shape how the world computes, connects and experiences entertainment, today announced financial results for the third quarter ended September 30, 2026.<\/p>\n

\u201cI am honored to join Adeia at such an exciting time as AI is driving innovation in both media and semiconductors, and Adeia\u2019s foundational technologies are at the heart of these trends,\u201d said Dipti Vachani, chief executive officer of Adeia. \u201cOur third quarter results reflected strong deal activity with eight license agreements signed across Pay-TV, consumer electronics, e-commerce and social media. Those deals included significant renewals with long-time customers Charter and TCL and four new customers during the quarter. We are on target to achieve our long-term annual revenue outlook of $600 million and we remain excited about our future.\u201d<\/p>\n

Vachani continued, \u201cI want to thank the Board for their confidence in me and Paul Davis for his support during this transition. Through my nearly 30 years of experience in the semiconductor space, I have a deep understanding of the technology, the ecosystem and the barriers to scale that Adeia customers are experiencing. With my proven track record, coupled with our talented team of innovators and extensive patent portfolios, I am confident that we have all the ingredients to grow and expand our business.\u201d<\/p>\n

\u201cWe are pleased with the progress that we have made to date as our pipeline remains strong and is growing,\u201d said Keith Jones, chief financial officer. \u201cAs we approach the end of the year, our revenue could be impacted by the ultimate timing of executing a select few deals. We remain confident in our ability to achieve the high-end of our revenue guidance range for 2026. However, we felt it prudent to adjust the range to reflect the potential impact to the extent certain of these deals are executed beyond the end of the year.\u201d<\/p>\n

\n Third Quarter Financial Highlights <\/strong>\n <\/p>\n