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.
Xperi Holding Corporation (NASDAQ: XPER) announced a partnership with Hisense to integrate DTS Play-Fi® technology into Hisense products. This collaboration aims to offer a range of Play-Fi enabled devices set to launch globally in the second half of 2021. DTS Play-Fi enhances audio experiences with features like wireless surround sound and Hi-Res audio support, allowing manufacturers to create differentiated products. The DTS Play-Fi ecosystem boasts a wide array of compatible audio devices, ensuring comprehensive support for various music services and personal libraries.
Xperi Holding Corporation (Nasdaq: XPER) announced fourth-quarter 2020 results, reflecting a transformative year marked by a merger with TiVo and $45 million in run rate synergies. Total revenue reached $433.9 million with cash flow from operations of $298.2 million. The company paid down $163.1 million in debt and repurchased $20 million in stock. In 2021, Xperi projects revenues between $860 million and $900 million and aims to enhance profitability in its IP licensing and product businesses.
Xperi Holding Corporation (Nasdaq: XPER) has renewed its long-term agreement with Vodafone, a premier telecommunications provider in Europe and Africa. The new multi-year contracts grant Vodafone access to TiVo's extensive product range, including Content Discovery, Conversational Voice, and Insight Data Analytics, along with the company's patented innovations. This collaboration aims to enhance Vodafone's service offerings and customer engagement in a competitive entertainment market. The agreement underscores TiVo's commitment to delivering cutting-edge technologies to the media and entertainment sector.
Xperi Holding Corporation (Nasdaq: XPER) announced a multi-year extension of its agreement with Sharp Corporation to utilize TiVo's G-Guide products in Japan. This renewal allows Sharp to provide advanced interactive program guides, crucial for its AQUOS 8K series. The agreement also includes a broader license for TiVo's patent portfolio, enabling Sharp to enhance content discovery across its global product line. TiVo emphasizes its commitment to innovation, enhancing viewer experience by simplifying access to a wide range of entertainment options.
Xperi Holding Corporation (NASDAQ: XPER) will announce its financial results for the full year and Q4 ended December 31, 2020, on February 23, 2021, after market close. An earnings conference call is scheduled for the same day at 2:00 PM PT (5:00 PM ET). U.S. callers can dial 800-437-2398, while international callers can reach +1 323-289-6576 using Conference ID 5453588. Participants are encouraged to join 15 minutes early due to expected wait times. Xperi specializes in technologies that enhance consumer experiences through its brands such as DTS and TiVo.
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Xperi Holding Corporation (NASDAQ: XPER) announced a multiyear extension of its licensing agreements for TiVo's patent portfolios with Sony Corporation. Samir Armaly, president of intellectual property at Xperi, expressed pride in extending the relationship, emphasizing Sony's strong technological foundation. TiVo, a leader in media technology, focuses on enhancing viewer experiences across various platforms, having invested decades in R&D for industry innovation. This partnership is expected to reinforce TiVo's role in the entertainment sector while expanding their technological reach.
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Xperi Holding Corporation (Nasdaq: XPER) and TCL have announced a multiyear extension and expansion of their licensing agreement for TiVo’s media-related patent portfolios. This partnership aims to enhance TCL's product offerings and provide consumers with superior viewing experiences amidst the evolving television industry. Xperi's president emphasized the significance of the intellectual property portfolio, reflecting its continual relevance in the consumer electronics sector.
Xperi Holding Corporation (NASDAQ: XPER) announced that its FotoNation subsidiary in Romania has achieved ISO9001 Certification, a significant milestone for its DTS AutoSense camera-based solutions for occupancy and driver monitoring. This certification assures that Xperi can meet the quality demands of the global automotive market. Xperi's DTS AutoSense system features driver and occupancy monitoring to enhance safety and personalization within vehicles. The technology utilizes edge computing and AI to operate without cloud dependency, ensuring data privacy and real-time functionality.