🔴 Adeia is trading 20.6% down in after-hours trading after Q3 miss and lowered revenue guidance

Adeia is trading at $16.41, down 20.6%, after Q3 estimates missed and 2026 revenue guidance was lowered.

• November 2, 2026 results: revenue was $80.2 million vs. $98.88 million estimated; non-GAAP diluted EPS was $0.21 vs. $0.30 estimated.
• Full-year 2026 revenue guidance midpoint fell $20 million, citing uncertain timing for several agreements approaching year-end.
• The release was scheduled after market close; eight agreements were signed during the quarter, while revenue fell 16.5% sequentially as license execution timing weighed on results.