Xperi Inc reports results for the quarter ended in June - Earnings Summary

Xperi

09/08/2023 22:40

* Xperi Inc  XPER.N  reported a quarterly adjusted loss of 9
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue was $126.87 million​; analysts expected $128.39
million. 
    * Xperi Inc's reported EPS for the quarter was a loss of 90
cents​.
    * The mean earnings estimate of analysts had risen by
about 11% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Xperi Inc shares had fallen by 3.5% this quarter and
gained 47.4% so far this year.
    * The company reported a quarterly loss of $38.4 million.
    * Wall Street's median 12-month price target for Xperi Inc
is
$15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.11          -0.09          Beat
 Mar. 31 2023      -0.14          0.04           Beat
 Dec. 31 2022      -0.34          0.08           Beat
 Sep. 30 2022      -0.28          -0.22          Beat