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Adeia Q1 2025 Earnings Report
Adeia reported a strong start to the year with revenue in line with expectations, significant cash generation from operations, and strategic debt reduction and stock repurchases.
Key Takeaways
Adeia Inc. announced financial results for the first quarter ended March 31, 2025, reporting revenue of $87.7 million, GAAP diluted EPS of $0.10, and non-GAAP diluted EPS of $0.26. The company generated $57.1 million in cash from operations, paid down $17.1 million of debt, and repurchased $10.0 million of common stock.
Revenue for Q1 2025 was $87.7 million, aligning with company expectations.
The company generated $57.1 million in cash from operations, demonstrating strong cash flow management.
Adeia reduced its term loan by $17.1 million and repurchased $10.0 million of common stock, reflecting a balanced capital allocation strategy.
The company signed 10 deals in the first quarter, including 4 with new customers in key growth areas like social media, OTT, and semiconductors.
Forward Guidance
Adeia is reiterating its prior full year 2025 outlook, supported by long-term license agreements, expanding technology offerings, and a strong customer pipeline.
Positive Outlook
- Reiterating full year 2025 guidance, indicating confidence in future performance.
- Long-term license agreements with well-established customers provide business resilience.
- Expanding technology offerings are expected to drive future adoption.
- Strong customer pipeline supports continued growth.
- Focus on growth markets in media and semiconductor businesses.
Challenges Ahead
- Operating expenses are projected to be between $263.0 million and $275.0 million.
- Interest expense is projected to be between $41.0 million and $43.0 million.
- GAAP net income is projected to be between $76.5 million and $81.6 million.
- Non-GAAP tax adjustment is projected to be between $(29.5) million and $(15.1) million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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