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Stock impact report

Xperi Inc (XPER) Reports Revenue Growth and Narrowed Losses in Q3 2023 [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
The company narrows its full-year revenue outlook and expects an Adjusted EBITDA Margin of 6% to 8%. Key operational milestones include the integration of TiVo OS in Vestel Smart TVs and DTS AutoStage Video Service in BMW cars. Warning! GuruFocus has detected 2 Warning Signs with XPER. On November 13, 2023, Xperi Inc ( NYSE:XPER ) released its 8-K filing , announcing its financial results for the third quarter ended September 30, 2023. The company reported a solid financial performance with a 6% increase in revenue compared to the prior year's trailing twelve months, reflecting significant design wins and strong business momentum. Financial Performance Overview Xperi Inc ( NYSE:XPER ) reported third-quarter revenue of $130.4 million, a notable increase from $121.6 million in the same period last year. The company's GAAP operating loss significantly improved to $(31.1) million in Q3 2023 from $(399.1) million in Q3 2022. Non-GAAP operating income turned positive at $4.3 mill Show less Read more
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