Adeia (ADEA) reported Q1 non-GAAP earnings late Monday of $0.26 per diluted share, up from $0.25 a year earlier.
Three analysts polled by FactSet expected $0.25.
Revenue for the quarter that ended March 31 was $87.7 million, up from $83.4 million a year earlier.
Three analysts surveyed by FactSet expected $89 million.
The company said it continues to expect 2025 revenue of $390 million to $430 million. Analysts polled by FactSet expect $408.6 million.
Adeia shares were down 6.9% in recent premarket activity Tuesday.
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