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.
Xperi Holding Corporation (NASDAQ: XPER) released findings from a national survey indicating that 86% of consumers are more inclined to purchase vehicles with advanced safety-focused computer vision systems. 98% of respondents prioritize safety in vehicle purchases. The study highlights potential consumer demand among younger demographics, with 92% of Millennials favoring vehicles equipped with features that detect driver drowsiness and ensure child safety. The research underscores the increasing interest in vehicle personalization and safety technology.
Xperi Holding Corporation (NASDAQ: XPER) announced that its DTS Play-Fi technology was recognized as a CES 2022 Innovation Awards Honoree. This accolade includes two products: DTS Play-Fi Home Theater in the Smart Home category and DTS Play-Fi apps for Android, Android TV, and iOS in the Software & Mobile App category. The awards, bestowed by the Consumer Technology Association, highlight outstanding design and engineering. DTS Play-Fi enhances home entertainment through high-fidelity audio streaming across multiple devices.
Xperi Holding Corporation (Nasdaq: XPER) reported third-quarter 2021 financial results, showcasing revenue of $219.4 million, an 8.2% increase year-over-year. Despite supply chain challenges, the company achieved cash flow from operations of $82.9 million and repurchased $24.8 million in stock. Notable business developments included the IP licensing segment's revenue of $101.6 million and the TiVo Stream platform expansion. The full-year revenue forecast was narrowed to $870M to $890M, with improved operating cash flow guidance.
IMAX, in partnership with Disney and Xperi, announces the launch of IMAX Enhanced on Disney+, debuting on November 12. This service allows fans to stream 13 Marvel titles in IMAX's Expanded Aspect Ratio, offering up to 26% more picture. Key films include Shang-Chi, Avengers: Endgame, and Black Panther, enhancing the home viewing experience. The collaboration aims to provide immersive audio and visual technology in the future. The Marvel Cinematic Universe has grossed over $1.6 billion in IMAX, solidifying its dominance in the market.
Xperi Holding Corporation (NASDAQ: XPER) will announce its Q3 financial results on November 8, 2021, after market close. An earnings conference call will be held at 2:00 PM PT (5:00 PM ET) that same day, with access available via phone and webcast. Xperi specializes in innovative technologies that enhance entertainment and smart devices, with offerings integrated into billions of consumer products globally.
Xperi (NASDAQ: XPER) has been awarded the 2021 North American Company of the Year Award by Frost & Sullivan, recognizing its innovative culture and expansion in the connected radio market. Xperi's extensive technology portfolio includes brands like DTS and HD Radio, supporting over 100 million vehicles globally. The company’s DTS AutoStage platform enhances in-vehicle entertainment by integrating terrestrial and internet radio content. Recent partnerships in Japan and Germany further bolster its global reach, paving the way for expansion into diverse markets.
Xperi Holding Corporation (NASDAQ: XPER) has signed a licensing agreement with Yangtze Memory Technologies Co., Ltd. (YMTC) for its Direct Bond Interconnect (DBI) hybrid bonding technology, essential for advanced 3D NAND memory products. This technology allows enhanced performance and reduced costs in semiconductor devices. Xperi aims to leverage its extensive semiconductor IP portfolio to drive future growth. The partnership highlights Xperi's commitment to innovation in the semiconductor industry.
Xperi Holding Corporation (NASDAQ: XPER) announced that Novatek Microelectronics Corp will support its DTS Play-Fi technology on a new line of TV SoCs. This partnership enables manufacturers to create TVs featuring advanced wireless audio capabilities without additional hardware costs. Play-Fi allows functionalities like whole-home audio streaming and app-based headphone streaming. The technology is already adopted by over 30 brands, enhancing the audio experience for consumers.
Xperi Holding Corporation (NASDAQ: XPER) announced the launch of HD Radio technology in the 2022 BMW R 18 Transcontinental, marking the first motorbike to offer this digital radio system. HD Radio enhances audio quality and adds features such as album art and traffic updates. Nearly 75 million vehicles already utilize HD Radio, highlighting its broad adoption. Xperi aims to broaden the reach of its technology, following its successful integration into over 200 vehicle models and emphasizing its commitment to providing superior in-vehicle infotainment experiences.
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.