Xperi Q3 revenue $219.4M (+8.2% YoY); non-GAAP EPS $0.53; raises FY outlook

Adeia Inc.

2021-Q3 EPS reported -$0.39 revenue$663,247,000

Revenue $219.4M (+8.2% YoY); GAAP loss per share $(0.43); non-GAAP EPS $0.53.
Operating cash flow $82.9M; adjusted free cash flow $87.7M; repurchased $24.8M of stock.
Full-year revenue guidance narrowed to $870M-$890M (from $860M-$900M); operating cash flow raised to $205M-$225M.
Board declared $0.05/share dividend payable Dec 20, 2021; quarterly dividend unchanged.
IP licensing $101.6M; DTS AutoStage and AutoSense launches with Mercedes and BMW; TiVo+ expanded.

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