Adeia(ADEA) - 2024 Q2 - Quarterly Results

Exhibit 99.1 FOR IMMEDIATE RELEASE ADEIA ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS Repriced term loan for annual interest expense savings of approximately $3 million Generated over $90 million in cash from operations in the first half of 2024 SAN JOSE, Calif. – August 6, 2024 – Adeia Inc. (Nasdaq: ADEA) (the "Company" or "Adeia") today announced financial results for the second quarter ended June 30, 2024. "We delivered revenue of $87.4 million in the second quarter, in line with our expectations, and ...