Xperi Stock Price, News & Analysis

Xperi Holding Corporation (NASDAQ: XPER) announced that Robert Andersen, CFO, will host investor meetings at the Citi 2021 Global Technology Conference on September 14, 2021. Investors interested in attending should reach out to their sales representatives to register for one-on-one meetings. Xperi is known for its innovative technologies under brands like DTS, HD Radio, IMAX Enhanced, Tivo, and others, enhancing entertainment experiences worldwide.

Xperi Holding Corporation (XPER) has announced the launch of DTS Play-Fi Home Theater, a groundbreaking wireless surround sound solution. Set to debut in Q3 2021, this innovation allows TVs to deliver enhanced audio without additional hardware costs. The technology supports various configurations, enabling users to connect existing Play-Fi devices and upgrade audio quality seamlessly. DTS Play-Fi aims to solve common sound quality issues faced by thinner TVs, offering modular upgrades for consumers.

Xperi Holding Corporation (Nasdaq: XPER) announced that its subsidiary, TiVo, renewed product and patent license agreements with Panasonic Corporation. This multi-year extension allows Panasonic to continue offering G-Guide, G-Guide HTML, and G-Guide xD in Japan, enhancing entertainment discovery across its devices. The agreement includes a commitment to implement the new OTT-Link functionality, which enables deep linking into content via G-Guide. This collaboration aims to improve consumer access to advanced content discovery solutions in Japan, showcasing TiVo's ongoing innovation in the entertainment sector.

Xperi Holding Corporation (Nasdaq: XPER) reported strong second quarter results for the period ended June 30, 2021, with revenue reaching $222.3 million and a non-GAAP earnings per share of $0.61. The company benefited from early deal closures and expense deferrals, boosting its 2021 financial outlook. Key highlights include renewed license agreements with major companies like Google and Fox, as well as a debt reduction of $50.6 million. The company also announced a $10 million share buyback and maintained a quarterly dividend of $0.05 per share.

Xperi Holding Corporation (Nasdaq: XPER) will report its Q2 2021 financial results on August 3, 2021, after market close. An earnings conference call is scheduled for 2:00 p.m. PT (5:00 p.m. ET) the same day. Participants can join by calling 800-430-8332 (U.S.) or +1 323-289-6576 (international), using Conference ID: 2203829. The company encourages access via the webcast link.

Xperi Holding Corporation (NASDAQ: XPER) and Fox Corporation (NASDAQ: FOXA, FOX) have announced a long-term renewal of their patent license agreement. This renewal provides Fox with enhanced coverage under TiVo’s extensive patent portfolios. Samir Armaly, president of IP licensing at Xperi, expressed satisfaction with the agreement, highlighting Fox's commitment to delivering compelling content and expanding its direct-to-consumer capabilities. TiVo is recognized for its significant investment in research and development, creating technologies that enhance content discovery across multiple platforms.

Xperi Holding Corporation (Nasdaq: XPER) has announced a licensing agreement with Horizon Media, the largest media agency in the U.S. This partnership will allow Horizon to access TiVo's TV viewership data, enhancing their media planning and measurement capabilities. TiVo's data integration aims to improve client outcomes for billions in advertising investments, boosting Horizon's strategic initiatives. The agreement encompasses Horizon's affiliates and signifies a move towards more data-driven advertising solutions in response to growing demand in the industry.

Xperi Holding Corporation (NASDAQ: XPER) has renewed its long-term patent license agreement with Google, which has been a licensee since 2012. This agreement allows Google to continue utilizing TiVo's extensive patent portfolio, enhancing its OTT video services through platforms like YouTube and Google TV. Xperi emphasizes that this renewal reflects the continued relevance of TiVo's innovations across different video consumption formats, supporting user convenience. The partnership aims to improve content accessibility across various platforms for viewers.