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

Xperi

10/05/2023 01:37

* Xperi Inc  XPER.N  reported quarterly adjusted earnings of
4
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 14 cents per share.
    * Revenue was $126.84 million​; analysts expected $127.62
million. 
    * Xperi Inc's reported EPS for the quarter was a loss of 76
cents​.
    * The mean earnings estimate of analysts had fallen by
about 176.3% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Xperi Inc shares had fallen by 11.2% this quarter and
gained 12.8% so far this year.
    * The company reported a quarterly loss of $32 million.
    * Wall Street's median 12-month price target for Xperi Inc
is
$17.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 12:37 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.14          0.04           Beat
 Dec. 31 2022      -0.34          0.08           Beat
 Sep. 30 2022      -0.28          -0.22          Beat