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 the launch of DTS AutoSense™, the first occupancy monitoring solution designed for passenger vehicles, aimed at enhancing vehicle safety and in-cabin experience. Recognized as the ‘Overall AutoTech Solution of the Year’ in the 2020 AutoTech Breakthrough Awards, DTS AutoSense features advanced occupant detection capabilities, including child presence detection and emotion detection. The technology operates without cloud connectivity and is geared towards compliance with upcoming vehicle safety mandates, leveraging AI and edge computing for real-time insights.
Xperi Holding Corporation (NASDAQ: XPER) announced the launch of a new feature for its DTS Connected Radio, integrating a comprehensive, multi-language lyrics catalog from LyricFind. This feature enhances the in-vehicle entertainment experience and is available in 28 languages, offering synchronized lyrics, translations, and more. Scheduled for release in 2021 vehicles, the integration aims to boost user engagement and deepen relationships with OEMs. DTS Connected Radio also includes premium add-ons like podcasts and internet radio, positioning it as a competitive edge in the automotive technology sector.
Xperi Holding Corporation (NASDAQ: XPER) announces Canon's licensing of its Invensas DBI hybrid bonding IP portfolio to enhance image sensors. This partnership aims to advance miniaturization and performance in semiconductor technologies, crucial in light of challenges to Moore's Law. Xperi's innovations in 3D semiconductor packaging and bonding underpin its competitive edge, supported by a robust patent portfolio of over 2,700 patents. The collaboration positions both companies to drive innovation in imaging applications.
Xperi Holding Corporation (Nasdaq: XPER) reported Q3 2020 financial results, achieving revenue of $202.8 million and cash flow from operations of $62.2 million. The company concluded a significant licensing agreement with Comcast, enhancing its long-term revenue outlook. Based on this progress, Xperi has revised its second half revenue guidance to $625M to $645M, significantly up from the previous estimate. The company also repurchased $35 million of stock and announced a quarterly dividend of $0.05 per share, reinforcing investor confidence.
Xperi Holding Corporation (NASDAQ: XPER) has announced the launch of DTS Sound Unbound for Xbox One, equipped with DTS:X Home Theater support. This integration enhances the gaming and streaming experience by delivering immersive, dynamic audio across the Xbox platform. Scheduled to be compatible with Xbox Series X and S on November 10, 2020, the application allows users to enjoy premium audio capabilities for various content formats. DTS continues to innovate in its audio solutions, catering to consumers with DTS-supported home theater systems for an enhanced entertainment experience.
TiVo, a subsidiary of Xperi Holding Corporation (Nasdaq: XPER), has partnered with Foxtel, Australia's leading subscription-TV platform, to enhance its voice search capabilities. This innovation simplifies content discovery for Foxtel subscribers through natural language voice queries, optimizing the overall entertainment experience. The solution is powered by TiVo's Personalized Content Discovery platform, leveraging machine learning to improve user insights and engagement. This partnership reinforces TiVo's long-standing relationship with Foxtel.
Xperi Holding Corporation (Nasdaq: XPER) will announce its Q3 financial results on November 9, 2020, after market close. A conference call will follow at 2:00 PM PT (5:00 PM ET). Interested participants can join by dialing 800-309-1256 (U.S.) or +1 323-347-3622 (international), using Conference ID: 737032. Due to COVID-19, attendees are encouraged to access the call via the Q3 Earnings Call Webcast.
TiVo, a subsidiary of Xperi Holding Corporation (Nasdaq: XPER), has expanded its partnership with Pluto TV, adding 72 new channels to the TiVo+ content network. This enhancement provides TiVo+ users with greater access to a variety of programming including movies, news, sports, and lifestyle content, along with 13 new Spanish language channels. TiVo+ has experienced significant growth, with unique viewership increasing by 90% and engagement by 165% in the six months from March to September 2020. The Pluto TV service is now available on TiVo Stream 4K and select TiVo devices.