04:23 AM EDT, 05/06/2025 (MT Newswires) -- 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 ( ADEA ) shares were down 6.9% in recent premarket activity Tuesday.