Debt ManagementAdeia used the second quarter to reduce its debt balance while signing a new semiconductor agreement and two ecommerce licenses.
Licensing DealsThe company secured 5 license deals in 2Q25 including 3 with new customers, and highlighted that it has multiple 'shots-on-goal' to achieve its revenue guidance, including a large semiconductor deal that has been in the works since 2024.
Recurring Revenue GrowthADEA is transitioning from a debt reduction to a growth story, with expected recurring revenue growth driven by accelerating OTT licensing and the emergence of hybrid bonding.