secwatch.observer — SEC 8-K summary
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Issuer:     Xperi Inc. (XPER)
CIK:        0001788999
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0000950170-24-122432
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xperi Q3 2024: revenue $132.9M, GAAP loss $0.37/sh; TiVo OS near 1M units; Perceive sale closed for $80M
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- Revenue $132.9M (+2% YoY vs $130.4M); GAAP net loss $16.8M ($0.37 loss per share) improved from $41.4M loss ($0.96 loss) YoY.
- Non-GAAP operating income $24.5M vs $4.3M YoY; Non-GAAP EPS $0.51 vs ($0.08); Adjusted EBITDA $31.4M.
- TiVo OS smart TVs approaching 1M activated units; on track for year-end target of 2M units.
- Awarded DTS AutoStage Video win with a Japanese car company; exceeded 2.4M Video over Broadband subscriber households.
- Closed Perceive asset sale for gross proceeds of $80M in cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1788999/000095017024122432/0000950170-24-122432-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1788999/000095017024122432/xper-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-122432

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer