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.
Xperi Inc. develops media and entertainment technologies used in consumer devices, connected cars and media platforms. Company news commonly covers earnings releases, revenue trends across Pay-TV, Consumer Electronics, Connected Car and Media Platform activities, and monetization updates tied to advertising and data products.
Recurring developments include the TiVo media platform and TiVo One ad platform, DTS AutoStage and DTS AutoStage Video for connected vehicles, HD Radio, DTS-branded audio technologies and IMAX Enhanced licensing. Updates also address automaker adoption, content and device partnerships, product enhancements, audience measurement tools for broadcasters, and management presentations at investor conferences.
SkyWater Technology (NASDAQ: SKYT) has partnered with Xperi Holding Corporation (NASDAQ: XPER) to license Adeia's advanced hybrid bonding technology. This agreement will enhance SkyWater's heterogeneous integration solutions, crucial for the evolving semiconductor industry focused on 3D packaging technologies. The hybrid bonding technology supports growing market demands, estimated to reach $8B by 2027, catering to sectors like aerospace, automotive, and IoT. SkyWater aims to streamline production processes while ensuring robust IP protection.
Xperi Holding Corporation (NASDAQ: XPER) reported first quarter 2022 revenue of $257.4 million, a 16% increase from $221.6 million in Q1 2021, driven by a Micron agreement. GAAP earnings per share rose to $0.24 from $0.05 year-over-year. The company reaffirmed its full-year revenue outlook of $910M to $950M. Key highlights included licensing agreements with major players like Micron and BMW, and increased product revenues from IPTV and consumer electronics. Xperi is on track to separate its product and IP businesses in the fall for potential long-term value creation.
Xperi Holding Corporation (NASDAQ: XPER) announced a technology transfer agreement with LAPIS Technology, a ROHM Group subsidiary, involving Adeia’s DBI® Ultra die-to-wafer hybrid bonding technology. This collaboration aims to enhance LAPIS's product offerings, enabling the development of advanced application-specific standard products (ASSPs) and custom large-scale integration (LSI) ASICs. Both companies look forward to a mutually beneficial partnership that leverages their combined expertise in semiconductor technology.
Xperi Holding Corporation (NASDAQ: XPER) will announce its financial results for the first quarter ended March 31, 2022, on May 9, 2022, after market close. An earnings conference call will be held at 2 p.m. PDT (5 p.m. EDT) on the same day. U.S. callers can dial 888-220-8474 and international callers can reach +1 646-828-8193 with Conference ID: 5945774. Participants should dial in 15 minutes prior to the call. Access to the webcast is available at the provided link for the Q1 2022 Earnings Call.
Xperi Holding Corporation (NASDAQ: XPER) announces a partnership with TELEV8 to enhance entertainment delivery in the hospitality industry using TiVo’s Managed IPTV Service. This collaboration aims to offer hotels and commercial venues a cost-effective, premium video experience, addressing the growing demand for streaming applications. According to Charles Siemonsma, co-CEO of TELEV8, this partnership represents the future of content delivery, while TiVo's Jeff Glahn emphasizes improved guest experience at lower costs.
VideoAmp has renewed its data licensing partnership with TiVo, providing access to viewership data from millions of households across the U.S. This contract, valid through the end of broadcast year 2026, allows VideoAmp to utilize TiVo's comprehensive dataset for optimizing advertising strategies. VideoAmp's growth has been further supported by partnerships with major publishers and ongoing pilot programs with six major holding companies. This collaboration aims to redefine media planning and advertising measurement.
Xperi Holding Corporation (NASDAQ: XPER) announced the integration of TiVo Stream 4K with YouTube TV, expanding its premium live TV offerings. This collaboration allows users to access over 85 channels of live sports, entertainment, and news. The integration enhances user experience with features like an intuitive guide, seamless content browsing, and robust search capabilities. General Manager Ben Maughan highlighted this as a significant update since the TiVo Stream 4K launch, aiming to position the platform as a leading streaming service.
Xperi Holding Corporation (NASDAQ: XPER) has launched TiVo Xtend™, a new suite of advertising solutions aimed at enhancing audience engagement in the shifting landscape from linear TV to OTT and VOD. Leveraging first-party deterministic viewership data, TiVo Xtend allows advertisers to optimize their campaigns and reach audiences more effectively. Key features include targeted CTV advertising, customizable audience segments, dynamic ads within TiVo Guides, and insights into viewership data.
Xperi Holding Corporation (NASDAQ: XPER) announced a multi-year partnership with Micron Technology Inc. to enhance next-generation memory devices using Adeia's hybrid bonding intellectual property (IP). This agreement supports advancements in 3D technologies within the semiconductor industry, a sector where Adeia has notable expertise and a robust portfolio built over 30 years. CEO Jon Kirchner expressed enthusiasm for deepening their collaboration with Micron and reinforcing their leadership in hybrid bonding capabilities.
Xperi Holding Corporation (Nasdaq: XPER) reported Q4 2021 revenue of $214.4 million, down from $433.9 million in Q4 2020, primarily due to previous Comcast agreements. Despite this drop, revenue increased by over 2% when excluding Comcast. The company reported a GAAP loss per share of $(0.14) and non-GAAP earnings per share of $0.30. Notably, Xperi launched a new agreement with Micron and enhanced its IP licensing brand, “Adeia.” For 2022, revenue guidance is set between $910M to $950M.