secwatch / observer

Xperi Inc. — fact timeline

Source-grounded facts extracted from Xperi Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

XPER Xperi Inc. JSON
Earnings Releases

Xperi Inc. reported first quarter ended March 31, 2026 results: revenue $114.2, net income $(7.8), EPS $(0.17). Guidance reaffirmed.

“We remain on track for our 2026 goals and reaffirm our financial guidance for the year.” Financial Highlights Q1 FY26 Q1 FY25 GAAP ($ millions, except per share data) Revenue $ 114.2 $ 114.0 GAAP operating income (loss) $ 2.2 $ (16.4 ) GAAP net loss $ (7.8 ) $ (18.4 ) GAAP diluted net loss per share $ (0.17 ) $ (0.41 ) Non-GAAP* ($ millions, except per share”
Restructurings & Charges

Xperi Inc. announced a restructuring with charges of approximately $16.0 million to $18.0 million affecting all business and functional areas (approximately 250 employees globally).

“business and functional areas. The Restructuring Plan is expected to be substantially completed by the end of the first half of 2026. The Company expects to incur approximately $16.0 million to $18.0 million of restructuring and related charges, substantially all of which are employee severance and related costs that are expected to be paid in cash. The Company may”
Debt Financings

Xperi Inc. incurred credit facility of $55 million with PNC Bank, National Association at Term SOFR Rate or Daily 1M SOFR, as selected maturing February 21, 2028.

“(the “Company”) entered into a Receivables Financing Agreement by and among the Company, as initial servicer, Xperi SPV LLC (“Xperi SPV”), a newly‐formed and wholly‐owned special purpose subsidiary, as borrower, PNC Bank, National Association (“PNC”), as administrative agent, PNC Capital Markets LLC, as structuring agent, and the lenders from time to time party thereto (the “RFA”).”
M&A Transactions

Xperi Inc. completed a disposition involving Amazon.com Services LLC for $80 million in cash, inclusive of a holdback to secure indemnification obligations (closed 2024-10-02).

“On October 2, 2024, Xperi Inc. (the “ Company ”) closed the previously announced transaction contemplated by that certain Asset Purchase Agreement (the “ Agreement ”), dated August 14, 2024, between the Company, Perceive Corporation (“ Seller ”) (of which the Company indirectly owns approximately 76.2% of the equity interests), and Amazon.com Services LLC (“ Buyer ”) pursuant to which Buyer agreed to purchase and assume from Seller substantially all the assets and certain liabilities of Seller for $80 million in cash, including a holdback to secure the Company’s and Seller’s indemnification obligations (the “ Transaction ”).”

Roderick K. Randall was elected as Director at Xperi Inc..

“elected Jeremi A. Gorman and Roderick K. Randall as members of the Board.”

Jeremi A. Gorman was elected as Director at Xperi Inc..

“elected Jeremi A. Gorman and Roderick K. Randall as members of the Board.”
Earnings Releases

Xperi Inc. reported the first quarter ended March 31, 2024 results: revenue $ 118.8, net income $ (13.4 ), EPS $ (0.29 ).

“set the stage for significant long-term revenue growth and margin expansion.” Financial Highlights GAAP Highlights ($ millions, except per share data) Q1 FY24 Q1 FY23 Revenue $ 118.8 $ 126.8 2 GAAP Operating Loss $ (32.3 ) $ (33.6 ) GAAP Net Loss $ (13.4 ) $ (32.9 ) GAAP Loss per Share attributable to Xperi $ (0.29 ) $ (0.76 ) Non-GAAP 1 Highlights ($”
Auditor Changes

Xperi Inc. engaged Deloitte & Touche LLP as its auditor.

“on April 2, 2024, the Committee approved the engagement of Deloitte & Touche LLP ("Deloitte") as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, effective immediately.”
Auditor Changes

Xperi Inc. dismissed PricewaterhouseCoopers LLP as its auditor.

“On the same date, the Committee dismissed PricewaterhouseCoopers LLP ("PwC") as the Company’s independent registered public accounting firm, effective immediately.”
Earnings Releases

Xperi Inc. reported full fiscal year ended December 31, 2023 results: revenue $521.3, net income $(139.7), EPS $(3.18).

“GAAP Highlights ($ millions, except per share data) Q4 FY23 Q4 FY22 Full Year 2023 Full Year 2022 Revenue $ 137.2 $ 135.5 $ 521.3 $ 502.3 GAAP Operating Loss $ (29.8 ) $ (299.1 ) $ (129.6 ) $ (749.4 ) GAAP Net Loss $ (25.3 ) $ (298.0 ) $ (139.7 ) $ (761.2 ) GAAP Loss per Share Attributable to the Company $ (0.57 ) $ (7.06 ) $ (3.18 ) $ (18.02 )”
Earnings Releases

Xperi Inc. reported fourth quarter ended December 31, 2023 results: revenue $137.2, net income $(25.3), EPS $(0.57).

“GAAP Highlights ($ millions, except per share data) Q4 FY23 Q4 FY22 Full Year 2023 Full Year 2022 Revenue $ 137.2 $ 135.5 $ 521.3 $ 502.3 GAAP Operating Loss $ (29.8 ) $ (299.1 ) $ (129.6 ) $ (749.4 ) GAAP Net Loss $ (25.3 ) $ (298.0 ) $ (139.7 ) $ (761.2 ) GAAP Loss per Share Attributable to the Company $ (0.57 ) $ (7.06 ) $ (3.18 ) $ (18.02 )”
Earnings Releases

Xperi Inc. reported third quarter ended September 30, 2023 results: revenue $130.4, net income $130.4, EPS $(0.96).

“and achieving significant long-term revenue growth,” added Kirchner. Financial Highlights GAAP Highlights ($ millions, except per share data) Q3 FY23 Q3 FY22 Revenue $ 130.4 $ 121.6 GAAP Operating Loss $ (31.1 ) $ (399.1 ) GAAP Loss per Share $ (0.96 ) $ (9.54 ) Non-GAAP Highlights ($ millions, except per share data) 1 Q3 FY23 Q3 FY22 Revenue $ 130.4”
Earnings Releases

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

“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”
Earnings Releases

Xperi Inc. reported first quarter ended March 31, 2023 results: revenue $ 126.8, EPS $ (0.76 ).

“to grow our footprint, whether in the living room, in the car, or on the go.” Financial Highlights GAAP Highlights ($ millions , except per share data) Q1 FY23 Q1 FY22 Revenue $ 126.8 $ 118.9 GAAP Operating Income/(Loss) $ (33.6 ) $ (28.9 ) GAAP Loss per Share $ (0.76 ) n/a Non-GAAP Highlights ($ millions, except per share data) 1 Q1 FY23 Q1 FY22 Revenue $”
Shareholder Votes

Xperi Inc. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-04-27 meeting.

“Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm: For Against Abstain 38,683,070 38,777 9,532”
Shareholder Votes

Xperi Inc. shareholders approved Election of five nominees to the Board of Directors at the 2023-04-27 meeting.

“Proposal 1 – Election of Directors: Name of Director For Against Abstain Broker Non-Votes Darcy Antonellis 30,853,492 4,368,577 20,032 3,489,278 Laura J. Durr 30,744,255 4,473,392 24,454 3,489,278 David C. Habiger 34,155,082 1,066,304 20,715 3,489,278 Jon E. Kirchner 34,152,960 1,062,714 26,427 3,489,278 Christopher Seams 30,742,077 4,479,636 20,388 3,489,278”
Earnings Releases

Xperi Inc. reported the fourth quarter and full fiscal year 2022 for the period ended December 31, 2022 results: revenue $136M, net income ($297M), EPS ($7.06) per share.

“our platform adoption and our recent design wins in Smart TV and Connected Car are a testament to the ongoing success of our growth strategy.” Financial Highlights • Revenue of $136M during the fourth quarter was up 9% from the year-ago period, while full year 2022 revenue of $502M was up 3% from the prior year. • Fourth quarter GAAP Net Loss was ($297M), or”
Earnings Releases

Xperi Inc. reported the third quarter ended September 30, 2022 results: revenue $121.6 million, EPS ($9.54). Guidance reaffirmed.

“Revenue of $121.6 million during the third quarter, representing a 3% increase from $117.7 million in the year-ago period”

Jon Kirchner was appointed as Chief Executive Officer and President at Xperi Inc..

“Jon Kirchner was appointed to serve as the Chief Executive Officer and President of Xperi Inc.”

Robert Andersen resigned as Treasurer and Secretary at Xperi Inc..

“Robert Andersen resigned from his positions as the Company’s Treasurer and Secretary.”

Geir Skaaden resigned as President at Xperi Inc..

“Geir Skaaden resigned from his position as the Company’s President”

David Habiger was appointed as Chair of the Board at Xperi Inc..

“David Habiger was appointed chair of the Board effective as of the completion of the Spin-Off.”

Christopher A. Seams was appointed as Director at Xperi Inc..

“Darcy Antonellis, David Habiger, Jon Kirchner and Christopher A. Seams were appointed as directors of Xperi Inc.”

Jon Kirchner was appointed as Director at Xperi Inc..

“Darcy Antonellis, David Habiger, Jon Kirchner and Christopher A. Seams were appointed as directors of Xperi Inc.”

David Habiger was appointed as Director at Xperi Inc..

“Darcy Antonellis, David Habiger, Jon Kirchner and Christopher A. Seams were appointed as directors of Xperi Inc.”

Darcy Antonellis was appointed as Director at Xperi Inc..

“Darcy Antonellis, David Habiger, Jon Kirchner and Christopher A. Seams were appointed as directors of Xperi Inc.”

Robert Andersen resigned as Director at Xperi Inc..

“Geir Skaaden and Robert Andersen resigned from the Board of Directors (the “Board”) of Xperi Inc.”

Geir Skaaden resigned as Director at Xperi Inc..

“Geir Skaaden and Robert Andersen resigned from the Board of Directors (the “Board”) of Xperi Inc.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.