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Xperi Inc - $XPER STOCK NEWS

Welcome to our dedicated page for Xperi news (Ticker: $XPER), a resource for investors and traders seeking the latest updates and insights on Xperi stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Xperi's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Xperi's position in the market.

Rhea-AI Summary

Rubric Capital Management sent a letter to Xperi Inc. stockholders advocating for the replacement of current directors with their nominees, citing poor total shareholder return and ineffective oversight. Rubric's nominees, Thomas A. Lacey and Deborah S. Conrad, are highlighted for their qualifications and commitment to driving stockholder value.

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Rhea-AI Summary

Xperi Inc. (NYSE: XPER) faces opposition from activist stockholder Rubric Capital at the 2024 Annual Meeting. Director Christopher Seams supports targeted directors Darcy Antonellis and David Habiger, highlighting their contributions to Xperi's transformation. Seams contrasts their expertise with Rubric's nominees lacking experience. Xperi emphasizes its growth, revenue increase, and share repurchase plan.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.79%
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Rhea-AI Summary

Rubric Capital Management responds to Xperi Inc.'s amended investor presentation, highlighting the company's falsified version of performance and dilution issues, urging stockholders to vote for Rubric's nominees. Rubric criticizes Xperi's board members for presiding over significant losses and exemplifies the company's aggressive stock-based compensation practices. Rubric aims to restore accountability and performance culture through its director nominees.

Rhea-AI Impact
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-0.8%
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Rhea-AI Summary

Rubric Capital Management issues an open letter to Xperi Inc. stockholders, criticizing the company's misleading investor presentation. The letter addresses Xperi's underperformance, share repurchase program, dilution claims, executive compensation, Perceive expense characterization, director ownership, missed targets, and negotiation behavior. Rubric urges stockholders to vote for its nominees to restore accountability and alignment on the Xperi Board.

Rhea-AI Impact
Rhea-AI Sentiment
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-0.29%
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Xperi Inc. published an investor presentation highlighting the company's transformation into a standalone product-focused technology company. The Board urges stockholders to vote 'FOR' all five of Xperi's nominees at the upcoming annual meeting. Xperi's strategy has led to consistent revenue growth and increased stockholder value. The Board emphasizes the importance of maintaining the current directors to ensure the company's continued success.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
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Rhea-AI Summary

Rubric Capital Management released a presentation highlighting the urgent need for change in Xperi Inc. The presentation outlines strategic, operating, and compensation failures under the current Board and emphasizes the experience and skills of Rubric's nominees to restore stockholder value.

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Rhea-AI Sentiment
End-of-Day
-2.05%
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Rhea-AI Summary
Xperi Inc. (XPER) will release its first quarter 2024 financial results on May 8, 2024, followed by an earnings conference call. The Company, known for its entertainment technology innovations, will share its performance with investors and analysts.
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Rhea-AI Sentiment
End-of-Day
0.94%
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Rhea-AI Summary
Rubric Capital Management has filed a definitive proxy statement for Xperi Inc.'s 2024 Annual Meeting, nominating two new directors to the Board. The press release highlights poor operational performance, excessive executive compensation, and reckless capital allocation under the current Board. Rubric urges stockholders to vote for its nominees to drive long-term value creation and restore shareholder confidence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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Rhea-AI Summary
Xperi Inc. (NYSE: XPER) has mailed definitive proxy materials to stockholders for its 2024 annual meeting, highlighting the company's transformation, strategy, and business progress. The Board urges stockholders to vote 'FOR' all five of Xperi's nominees on the BLUE proxy card. Xperi has undergone a multi-year transformation, achieving strong financial performance post-separation from the IP licensing business in 2022. The company's focus on executing across its businesses has led to revenue growth, margin expansion, and progress in key markets like connected TV advertising, streaming television, and in-vehicle infotainment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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Rhea-AI Summary
DTS, Inc., a subsidiary of Xperi Inc. (NYSE: XPER), released its full year 2023 and Q1 2024 data, showcasing the top songs listened to in-vehicle. Luke Combs' cover of Tracy Chapman's 'Fast Car' gained popularity in the U.S. in 2023. Jack Harlow's 'Lovin on Me' topped the U.S. in-vehicle charts in Q1 2024. DTS AutoStage provides insights on listener behavior, highlighting the changing dynamics of in-car entertainment.
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Rhea-AI Sentiment
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-4.57%
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Xperi Inc

NYSE:XPER

XPER Rankings

XPER Stock Data

506.14M
38.70M
3.16%
103.27%
3.55%
Data Processing, Hosting, and Related Services
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United States of America
SAN JOSE

About XPER

Xperi Holding Corporation is an American technology company that licenses technology and intellectual property in areas such as mobile computing, communications, memory and data storage, and three-dimensional integrated circuit technologies, among others.