Xperi (NYSE:XPER) Posts Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Xperi (NYSE:XPER) posted its earnings results on Wednesday. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.07, FiscalAI reports. The firm had revenue of $114.49 million during the quarter, compared to analysts’ expectations of $112.66 million. Xperi had a negative net margin of 7.12% and a positive return on equity of 4.04%.

Here are the key takeaways from Xperi’s conference call:

• Second-quarter revenue rose 8% year over year to $114 million, while non-GAAP adjusted EBITDA increased more than 60% to $24 million, reaching 21% of revenue. Non-GAAP EPS more than doubled to $0.28, and operating cash flow was $15 million.
• Media Platform revenue grew 44% to $18 million, with advertising and related revenue up 54%. TiVo ONE reached 6.3 million monthly active users, and management expects year-end ARPU to exceed $10 as advertising monetization accelerates.
• Connected Car momentum remained strong, with the AutoStage footprint growing 42% to more than 17 million vehicles across 13 brands; BYD became the 14th automotive OEM. Xperi also signed Cumulus as the first customer for its data-driven Broadcaster Portal, creating a new automotive analytics monetization opportunity.
• Pay TV revenue declined 11% year over year to $45 million as the legacy business contracted, although IPTV revenue rose 10% to $26 million. Management expects IPTV growth to offset legacy declines only around mid-2027 to mid-2028.
• The company raised its 2026 capital-expenditure outlook to approximately $25 million from $15 million-$20 million because of persistent memory-market issues and higher equipment costs. Advertising and related revenue currently carries an 8% negative gross margin, though management expects it to turn positive in 2027.

Xperi Price Performance

XPER traded down $0.99 on Thursday, hitting $6.84. 1,056,533 shares of the company’s stock were exchanged, compared to its average volume of 341,752. Xperi has a fifty-two week low of $5.07 and a fifty-two week high of $8.75. The stock has a market cap of $330.36 million, a price-to-earnings ratio of 23.03 and a beta of 1.43. The firm has a 50-day moving average price of $7.79 and a 200-day moving average price of $6.78. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.10.

Institutional Trading of Xperi

Large investors have recently bought and sold shares of the business. Quantbot Technologies LP purchased a new stake in shares of Xperi in the third quarter valued at approximately $57,000. Cerity Partners LLC acquired a new position in Xperi during the fourth quarter worth $92,000. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Xperi in the 4th quarter worth $93,000. Zacks Investment Management raised its holdings in shares of Xperi by 45.1% during the 3rd quarter. Zacks Investment Management now owns 16,954 shares of the company’s stock worth $110,000 after acquiring an additional 5,266 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in shares of Xperi by 331.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 18,686 shares of the company’s stock worth $121,000 after acquiring an additional 14,356 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Trending Headlines about Xperi

Here are the key news stories impacting Xperi this week:

• Positive Sentiment: Xperi reported second-quarter adjusted EPS of $0.28, ahead of the $0.21 analyst consensus and up from $0.11 a year ago. Revenue of $114.49 million also exceeded expectations of $112.66 million, supporting the company’s growth strategy. Xperi quarterly earnings report
• Positive Sentiment: Management cited “positive momentum” across its platforms, including DTS AutoStage, and continued expansion in footprint and revenue. The company is also targeting TiVo One average revenue per user above $10, signaling confidence in monetization potential. Xperi Q2 business momentum
• Positive Sentiment: Rosenblatt Securities reaffirmed its “buy” rating and assigned a $10 price target, implying substantial upside from the recent trading level. Rosenblatt Securities rating report
• Neutral Sentiment: Xperi will participate in the BWS Financial Growth and Value Summer Investor Series, giving management an opportunity to discuss its strategy and financial outlook with investors. Xperi investor series announcement
• Negative Sentiment: The company expects 2026 capital expenditures of approximately $25 million, higher than previously planned. Investors may view the increased spending as a near-term cash-flow risk, particularly because Xperi continues to post a negative net margin of about 10.2%. Xperi TiVo One and capital expenditure update

Wall Street Analyst Weigh In

XPER has been the topic of several recent analyst reports. Wall Street Zen lowered shares of Xperi from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Xperi in a research report on Friday, May 29th. Rosenblatt Securities restated a “buy” rating and issued a $10.00 price objective on shares of Xperi in a research report on Thursday. BWS Financial reaffirmed a “buy” rating and set a $12.00 target price on shares of Xperi in a research note on Monday, June 22nd. Finally, Zacks Research raised shares of Xperi from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.00.

About Xperi

Xperi Inc (NYSE: XPER) is a global technology company that develops and licenses audio, imaging and semiconductor packaging solutions. The company was formed in 2016 through the spin-off of Tessera Technologies’ product divisions and expanded its product portfolio in 2019 with the acquisition of TiVo Corporation. Headquartered in San Jose, California, Xperi’s technologies underpin a range of consumer electronics, automotive, mobile and broadcast products around the world.

In its technology licensing segment, Xperi offers a broad portfolio of semiconductor packaging and interconnect solutions designed to improve performance and energy efficiency in chips and devices.