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Stock impact report

Xperi Inc (XPER) Posts Mixed Fiscal Year 2023 Results Amid Strategic Refocus [Yahoo! Finance]

Xperi Inc. (XPER) 
Last xperi inc. earnings: 11/2 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.xperi.com
Company Research Source: Yahoo! Finance
GAAP Net Loss : The company saw a GAAP net loss of $139.7 million for the full year, an improvement from a net loss of $761.2 million in the previous year. Non-GAAP Financials : Non-GAAP operating income stood at $11.2 million for the year, with adjusted EBITDA of $34.7 million. Earnings Per Share : GAAP loss per share was $3.18, compared to a loss of $18.02 per share in FY 2022. Non-GAAP earnings per share were $0.01. Strategic Developments : Xperi completed the divestiture of AutoSense and initiated a process to evaluate strategic alternatives for Perceive. Outlook for FY 2024 : The company forecasts revenue between $500 to $530 million with an adjusted EBITDA margin of 12% to 14%. Warning! GuruFocus has detected 2 Warning Signs with XPER. On February 28, 2024, Xperi Inc ( NYSE:XPER ) released its 8-K filing , announcing the fourth quarter and full-year 2023 financial results. The company, known for inventing, developing, and delivering technologies that enable extraord Show less Read more
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