Xperi Q2 2023 revenue flat at $126.9M, GAAP operating loss widens to $35.2M

Xperi Inc.

2023-Q2 EPS reported -$1.66 revenue$253,711,000

Revenue $126.9M (flat vs $126.2M YoY); GAAP operating loss ($35.2M) vs ($22.3M) prior year.
GAAP loss per share ($0.90); non-GAAP loss per share ($0.09); adjusted EBITDA $5.2M vs $12.1M YoY.
TiVo OS Smart TVs expected to ship in North America in 2024; automotive design wins continue.
No revenue or profit guidance provided; company cites momentum in Media Platform and Connected Car.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Xperi Inc. reported second quarter ended June 30, 2023 results: revenue $ 126.9, EPS GAAP Loss per Share $ (0.90).

Period: second quarter ended June 30, 2023
Revenue: $ 126.9
EPS: GAAP Loss per Share $ (0.90)
Result: reported results

Exact text from the filing

to position us for long-term revenue growth and improved profitability.” Financial Highlights GAAP Highlights ($ millions, except per share data) Q2 FY23 Q2 FY22 Revenue $ 126.9 $ 126.2 GAAP Operating Loss $ (35.2 ) $ (22.3 ) GAAP Loss per Share $ (0.90 ) n/a Non-GAAP Highlights ($ millions, except per share data) 1 Q2 FY23 Q2 FY22 Revenue $ 126.9 $ 126.2

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Source: SEC EDGAR

accession 0000950170-23-040624

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