Xperi Q2 revenue beats analyst estimates on TiVo One user growth
Xperi Q2 revenue beats analyst estimates on TiVo One user growth
Overview
Media and entertainment tech firm's Q2 revenue rose and beat analyst expectations
Adjusted EBITDA for Q2 increased 61% yr/yr to $24.5 mln
Advertising and related revenue grew 54% yr/yr, driven by TiVo One platform user growth
Outlook
Xperi maintains 2026 revenue guidance of $440 mln to $470 mln
Company raises 2026 capital expenditures outlook to ~$25 mln from $15-20 mln
Xperi lowers 2026 stock-based compensation outlook to ~$29 mln from $31 mln
Result Drivers
TIVO ONE USER GROWTH - Co said 70% yr/yr increase in TiVo One monthly active users to 6.3 mln helped drive 54% advertising and related revenue growth
AUTOSTAGE PLATFORM EXPANSION - Co said AutoStage platform footprint grew 42% yr/yr to 17 mln vehicles and began generating revenue from listener analytics and data
PAY TV SUBSCRIBER GROWTH - Co reported 13% yr/yr increase in global IPTV subscriber households to 3.4 mln
Company press release: ID:nBw8GCN3ja
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $114.50 mln | $112.66 mln (6 Analysts) |
Q2 Loss Per Share |
| $0.03 |
|
Q2 Net Loss |
| $1.50 mln |
|
Q2 Adjusted EBITDA |
| $24.50 mln |
|
Q2 Operating Income |
| $2.90 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Xperi Inc is $12.00, about 50.9% above its August 4 closing price of $7.95
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago
Reuters Recommended Reads
Aug 3 - IP licensing firm Adeia's Q2 adjusted EPS beats estimates
Aug 5 - Digital ad firm Taboola's Q2 revenue rises, but misses estimates
Aug 5 - Disney's 'Toy Story 5' fuels streaming business and merchandise sales for June quarter
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)