Business
Adeia Raises 2025 Financial Outlook
Company expects revenue and earnings to significantly exceed prior guidance SAN JOSE, Calif., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the
About this update from Adeia Inc.
[{"type":"text","content":"Company expects revenue and earnings to significantly exceed prior guidance\nSAN JOSE, Calif., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the “Company” or “Adeia”) today announced updated guidance for the year ending December 31, 2025. “I am very pleased to announce that our 2025 results are expected to exceed the high end of our prior guidance,” said Paul E. Davis, chief executive officer of Adeia. “As we previously mentioned, we have been pursuing multiple opportunities that if achieved, could result in 2025 revenue being greater than our prior guidance. Driven primarily by the execution of the Disney agreement our revised 2025 financial outlook reflects the strong momentum for our business.” “The significant increase in our revenue guidance is being driven by strong deal execution,” said Keith A. Jones, chief financial officer of Adeia. “The higher operating expenses reflect increased variable compensation due to the expected overachievement of certain performance targets. The revised guidance reflects the strength of our business model and earnings potential.” Financial Outlook The Company is updating its financial outlook as follows: 2025GAAP Outlook 2025Non-GAAP OutlookCategory(in millions, except for tax rate) Updated Prior Updated PriorRevenue $425.0 − 435.0 $360.0 − 380.0 $425.0 − 435.0 $360.0 − 380.0Operating expenses(1) $270.0 − 274.0 $260.0 − 266.0 $170.0 − 172.0 $160.0 − 164.0Interest expense $40.0 − 41.0 $40.0 − 41.0 $40.0 − 41.0 $40.0 − 41.0Other income $5.5 − 6.5 $5.5 − 6.5 $5.5 − 6.5 $5.5 − 6.5Tax rate 10.0% − 20.0% 10.0% − 20.0% 23.0% 23.0%Net income(2) $96.4 − 113.9 $52.4 − 71.6 $169.8 − 175.9 $127.4 − 139.8Adjusted EBITDA(2) N/A N/A $257.1 − 265.1 $202.3 − 218.3Diluted shares outstanding 112.0 − 113.0 112.0 − 113.0 112.0 − 113.0 112.0 − 113.0 (1) See tables for reconciliation of GAAP to non-GAAP operating expenses. (2) See tables for reconciliation of GAAP net income to (i) non-GAAP net income and (ii) adjusted earnings before interest expense, income taxes, depreciation and amortization (adjusted EBITDA). Safe Harbor Statement This press release contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking state...