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Xperi has reported Q2 2024 results, missing revenue estimates but beating earnings expectations. Xperi operates in various markets including connected car software, consumer electronics, and Pay TV. Recent financial trends show declining revenue, high R&D expenses, and negative earnings.
Xperi Inc. (NYSE:XPER ) Q2 2024 Earnings Conference Call August 5, 2024 5:00 PM ET Company Participants Mike Iburg - Head-Investor Relations Jon Kirchner - Chief Executive Officer Robert Andersen - Chief Financial Officer Conference Call Participants Steve Frankel - Rosenblatt Hamed Khorsand - BWS Financial Jason Kreyer - Craig-Hallum Capital Group Matthew Galinko - Maxim Group Operator Thank you for standing by. My name is Mandeep and I'll be your operator today.
SAN JOSE, Calif.--(BUSINESS WIRE)--Xperi Inc. (NYSE: XPER) (the “Company” or “Xperi”), an entertainment technology company that invents, develops, and delivers technologies that enable extraordinary experiences, today announced second quarter 2024 financial results for the three-month period ended June 30, 2024. “Our Q2 progress is a clear example of the positive effects of our continued business transformation efforts. We delivered solid financial results with improved profitability while cont.
LOS ANGELES--(BUSINESS WIRE)--Ideal Living, maker of AirDoctor and AquaTru, today announced the launch of AquaTru Pro Series On-Wall Bottle Filling Stations. The new wall-mounted stations mark Ideal Living's foray into the B2B water purification market, bringing cleaner water to commercial environments and reducing plastic waste from single-use bottles. AquaTru Pro Series On-Wall Bottle Filling Stations arrive as more high traffic areas, such as airports, public recreation centers and schools,.
SAN JOSE, Calif.--(BUSINESS WIRE)--A new report, “Connected Car Entertainment Trends,” released by DTS, Inc., a global leader in next-generation audio and a wholly owned subsidiary of Xperi Inc. (NYSE: XPER), examines consumption of entertainment in the car based on findings from surveys on how U.S. consumers listen to audio, watch video and play games in-vehicle. The findings of the surveys, which were fielded by Xperi, were presented by DTS and Xperi executives in an Automotive News webinar o.
SAN JOSE, Calif.--(BUSINESS WIRE)--Xperi Inc. (NYSE: XPER) (the "Company" or "Xperi"), an entertainment technology company that invents, develops and delivers technologies that enable extraordinary experiences, today announced the appointment of Jeremi A. Gorman and Roderick K. (“Rod”) Randall to the Board of Directors (the “Board”), effective June 10, 2024. Following the appointment of Ms. Gorman and Mr. Randall, the Board consists of seven directors, six of whom are independent. “We welcome J.
The heavy selling pressure might have exhausted for Xperi (XPER) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
The services sector has expanded in 46 out of the past 48 months. Stocks like Xperi Inc. (XPER), Booz Allen Hamilton Holding Corporation (BAH), Maplebear Inc. (CART) and HNI Corporation (HNI) are poised to benefit.
NEW YORK--(BUSINESS WIRE)--Rubric Capital Management LP (“Rubric”), an investment advisor whose managed funds and accounts collectively own approximately 9.0% of the outstanding shares of common stock of Xperi Inc. (NYSE: XPER) (“Xperi” or the “Company”), today issued the following open letter to Xperi's stockholders regarding the preliminary results of the Company's 2024 Annual Meeting of Stockholders (the “Annual Meeting”). Dear Fellow Stockholders, While we are disappointed by the results of.
SAN JOSE, Calif.--(BUSINESS WIRE)--Xperi Inc. (NYSE: XPER) (the "Company" or "Xperi"), an entertainment technology company that invents, develops and delivers technologies that enable extraordinary experiences, today announced the preliminary results of its 2024 Annual Meeting of Stockholders (the “Annual Meeting”), as provided to the Company by its proxy solicitor. The preliminary results indicate stockholders have re-elected all five of the Company's incumbent directors: Darcy Antonellis, Lau.