Adeia reported $80.2 million in Q3 sales, eight license deals, Charter and TCL renewals, and $36.9 million in adjusted EBITDA at a 46% margin. Possible delays in its $375 million-$415 million full-year forecast and $43.8 million in expenses from higher legal costs balance those signs, leaving no clear change in outlook.
The new licenses and renewals show continuing customer activity. Yet some deals may take longer to close, and higher legal bills raised expenses. The report does not show one side clearly outweighing the other.
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