Xperi (NYSE:XPER) Releases Earnings Results, Beats Estimates By $0.07 EPS

Xperi (NYSE:XPER) posted its quarterly earnings results on Wednesday. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.07, FiscalAI reports. Xperi had a positive return on equity of 4.04% and a negative net margin of 7.12%. The company had revenue of $113.95 million during the quarter, compared to analysts’ expectations of $111.47 million.

Here are the key takeaways from Xperi’s conference call:

• Revenue rose 2% year over year to $114 million, while adjusted EBITDA was $23 million, or 20% of revenue. Xperi raised its 2026 adjusted EBITDA margin outlook to 19%–21% and operating cash flow outlook to $20 million–$30 million, while narrowing its revenue range to $450 million–$462 million.
• Media platform revenue more than doubled to $17 million, with advertising and related revenue up approximately 280% year over year. TiVo One monthly active users grew 40% to 6.8 million, and the company expects more than 7.5 million by year-end; however, it now expects year-end ARPU of $8–$10, below its original goal.
• Connected car revenue declined 14% to $30 million, primarily due to prior-year HD Radio minimum guarantee agreements. AutoStage reached more than 18 million vehicles, and the broadcaster portal expanded to 550 U.S. metro areas, but monetization opportunities remain in development.
• Pay TV revenue increased 7%, including 7% growth in IPTV, while consumer electronics revenue fell 28%, consistent with expectations and a tougher comparison against prior-year minimum guarantees. Management expects declines in legacy Pay TV products to bottom out around 2028 as IPTV growth helps offset them.

Xperi Trading Down 0.6%

Shares of NYSE:XPER traded down $0.03 during mid-day trading on Wednesday, reaching $5.36. 796,377 shares of the company’s stock were exchanged, compared to its average volume of 422,213. The firm has a market capitalization of $261.21 million, a price-to-earnings ratio of -7.65 and a beta of 1.40. The business’s fifty day moving average price is $5.47 and its 200-day moving average price is $6.43. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.48 and a current ratio of 2.48. Xperi has a twelve month low of $4.91 and a twelve month high of $8.75.

Analyst Ratings Changes

XPER has been the topic of a number of recent analyst reports. Wall Street Zen cut Xperi from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Xperi in a report on Wednesday, August 26th. Rosenblatt Securities restated a “buy” rating and issued a $10.00 price target on shares of Xperi in a research note on Thursday, August 6th. Finally, BWS Financial restated a “buy” rating and issued a $12.00 price target on shares of Xperi in a research note on Friday, August 7th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $11.00.

Xperi Company Profile

Xperi Inc (NYSE: XPER) is an entertainment and consumer technology company that develops software, services and technologies for connected televisions, cars and other consumer electronics. Its products are designed to help people discover, access and enjoy digital entertainment across traditional television, streaming and in-vehicle environments.

The company’s portfolio includes the TiVo entertainment platform, which provides television operating systems, content discovery, viewing guides and related services for smart-TV manufacturers, pay-TV providers and consumers.