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Xperi: 3Q Earnings Snapshot

·1 min read

SAN JOSE, Calif. (AP) _ Xperi Corp. (XPER) on Monday reported a loss of $29.8 million in its third quarter.

The San Jose, California-based company said it had a loss of 28 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 19 cents per share.

The provider of chip technology for small electronic devices posted revenue of $202.8 million in the period.

Xperi shares have fallen 25% since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.93, a drop of 35% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XPER at https://www.zacks.com/ap/XPER