Xperi Q3 revenue beats estimates, reiterates FY rev guidance; announces workforce reduction

Xperi

05/11/2025 21:47

Overview

Xperi Q3 revenue beats analyst expectations despite a year-over-year decline

Adjusted EPS for Q3 beats consensus, reflecting cost management focus

Company, on Nov 1, approved a restructuring plan, announces workforce reduction of 250 employees to improve profitability

Outlook

Xperi reiterates 2025 revenue guidance of $440 mln to $460 mln

Company expects 2025 adjusted EBITDA margin of 15% to 17%

Xperi anticipates $30 mln to $35 mln annual savings from workforce reduction

Result Drivers

TIVO ONE USER GROWTH - TiVo One platform saw 30% sequential growth in monthly active users, reaching 4.8 mln

CONNECTED CAR EXPANSION - AutoStage platform expanded to over 13 mln vehicles, with new OEM programs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$111.60 mln
$108.53 mln (4 Analysts)
Q3 Adjusted EPS
Beat
$0.28
$0.21 (2 Analysts)
Q3 EPS
-$0.13
Q3 Net Income
-$6.10 mln
Q3 Adjusted EBITDA
$23.10 mln
Q3 Operating Income
-$1.40 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 46.9% above its November 4 closing price of $6.37

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nBw3wgpTta

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)