Xperi (NYSE:XPER) Issues Quarterly Earnings Results

Xperi (NYSE:XPER) issued its earnings results on Wednesday. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.07, FiscalAI reports. Xperi had a negative net margin of 6.89% and a positive return on equity of 4.44%. The company had revenue of $113.95 million for the quarter, compared to analysts’ expectations of $111.47 million.

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

• Revenue rose 2% year over year to $114 million, while adjusted EBITDA was $23 million, or 20% of revenue. Xperi raised its 2026 adjusted EBITDA margin outlook to 19%–21% and operating cash flow outlook to $20 million–$30 million, while narrowing its revenue range to $450 million–$462 million.
• Media platform revenue more than doubled to $17 million, with advertising and related revenue up approximately 280% year over year. TiVo One monthly active users grew 40% to 6.8 million, and the company expects more than 7.5 million by year-end; however, it now expects year-end ARPU of $8–$10, below its original goal.
• Connected car revenue declined 14% to $30 million, primarily due to prior-year HD Radio minimum guarantee agreements. AutoStage reached more than 18 million vehicles, and the broadcaster portal expanded to 550 U.S. metro areas, but monetization opportunities remain in development.
• Pay TV revenue increased 7%, including 7% growth in IPTV, while consumer electronics revenue fell 28%, consistent with expectations and a tougher comparison against prior-year minimum guarantees. Management expects declines in legacy Pay TV products to bottom out around 2028 as IPTV growth helps offset them.

Xperi Stock Performance

Shares of XPER traded up $0.03 during mid-day trading on Friday, reaching $5.74. 264,436 shares of the company’s stock traded hands, compared to its average volume of 431,387. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.48 and a current ratio of 2.48. The business’s 50-day moving average price is $5.46 and its 200-day moving average price is $6.43. The stock has a market capitalization of $279.70 million, a P/E ratio of -8.43 and a beta of 1.40. Xperi has a 12 month low of $4.91 and a 12 month high of $8.75.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on XPER shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Xperi in a research report on Wednesday, August 26th. Rosenblatt Securities restated a “buy” rating and set a $10.00 price objective on shares of Xperi in a research report on Thursday, August 6th. BWS Financial restated a “buy” rating and set a $12.00 price objective on shares of Xperi in a research report on Friday, August 7th. Finally, Wall Street Zen downgraded Xperi from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 25th. 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. Based on data from MarketBeat.com, Xperi presently has an average rating of “Hold” and a consensus target price of $11.00.

About Xperi

Xperi Inc (NYSE: XPER) is an entertainment and consumer technology company that develops software, services and technologies for connected televisions, cars and other consumer electronics. Its products are designed to help people discover, access and enjoy digital entertainment across traditional television, streaming and in-vehicle environments.

The company’s portfolio includes the TiVo entertainment platform, which provides television operating systems, content discovery, viewing guides and related services for smart-TV manufacturers, pay-TV providers and consumers.