Xperi: Q4 Earnings Snapshot

In this article:

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Xperi Inc. (XPER) on Wednesday reported a loss of $24.8 million in its fourth quarter.

The San Jose, California-based company said it had a loss of 57 cents per share. Earnings, adjusted for one-time gains and costs, were 11 cents per share.

The media software company posted revenue of $137.2 million in the period.

For the year, the company reported a loss of $136.6 million, or $3.18 per share. Revenue was reported as $521.3 million.

Xperi expects full-year revenue in the range of $500 million to $530 million.

_____

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

Advertisement