earnings
confidence high
sentiment positive
materiality 0.65
Xperi Q2 2021 revenue $222.3M, non-GAAP EPS $0.61, debt paydown $50.6M, reaffirms FY outlook
Adeia Inc.
2021-Q2 EPS reported
$0.04
revenue$443,868,000
- Revenue $222.3M; GAAP loss $(0.01)/share, non-GAAP EPS $0.61; cash from ops $56.3M.
- Paid down $50.6M debt, repriced remaining debt; bought back $10M stock; $0.05 dividend payable Sept 14.
- Renewed license agreements with Google, Fox Corp., and a leading Canadian Pay-TV operator.
- Acquired MobiTV assets to bolster TiVo IPTV offering; signed Hotwire Communications for TiVo IPTV platform.
- Lowered 2021 interest expense outlook to ~$39M; reaffirmed FY revenue $860M-$900M and adj. FCF $185M-$225M.