Xperi Stock Price, News & Analysis

Xperi Inc. (NYSE: XPER) will announce its first quarter 2023 financial results on May 9, 2023, after market close. A conference call will follow at 2 p.m. PT (5 p.m. ET). Participants can access the call by dialing 1-888-660-6513 for U.S. callers or +1 929-203-0876 for international callers, using conference ID 5483252. Alternatively, the call can be accessed via the webcast link. Xperi develops technologies that enhance entertainment experiences, integrated into various consumer devices and platforms.

Xperi Inc. has announced the launch of the DTS AutoStage Broadcaster Portal, which offers radio broadcasters around the world real-time insights into their audience's listening habits. This platform provides data on when and where listeners tune in and their content preferences. The initial report highlights the top five most listened-to artists and songs in Q1 2023, with Ed Sheeran and Miley Cyrus leading globally. In the U.S., the top genres include Top 40/Pop and Adult Contemporary. Joe D’Angelo, SVP at Xperi, emphasized that the portal enhances data-driven decision-making for radio stations, aiming to boost revenue through better audience engagement. This free service is available to all radio stations, fostering innovation in the broadcasting sector.

Xperi Inc. (NYSE: XPER) announced the launch of the DTS AutoStage Broadcaster Portal, enabling radio broadcasters to access in-vehicle listener engagement data. This innovative platform combines AI-driven content delivery with rich analytics, supporting over 52 connected car models worldwide. Broadcasters can gain insights into audience geography, program performance, and proximity to retailers, enhancing their content strategies and advertising opportunities. The portal is available at no cost for both digital and analogue broadcasters. This launch highlights Xperi's commitment to transforming the automotive media landscape.

Xperi Inc. (NYSE: XPER) has released its latest Video Trends Report, revealing consumers are now using an average of 11.6 video services, up from 8.9 last year. This increase in service usage coincides with a rise in ad-supported video options, as 64.0% of respondents now use at least one AVOD or FAST service. Despite a decline in Subscription Video on Demand (SVOD) services, which saw a 26.6% drop among users, free services have gained traction, growing nearly 70.0% year over year. The report highlights challenges in content discovery amid numerous options, indicating a need for simplified viewing experiences.

Xperi Inc. reported strong financial performance in Q4 2022, achieving $136M in revenue, a 9% increase year-over-year, and a full-year revenue of $502M, up 3%. Despite a net loss of ($297M) for Q4, the non-GAAP net income stood at $4M. The company celebrated significant design wins, including TiVo's integration in Smart TVs and a new Connected Car platform with a major European automaker. Xperi ended 2022 with over $300M in committed business for Connected Car ventures. For 2023, the company forecasts revenue between $510M and $540M and aims for an adjusted EBITDA margin of 6% to 10%.