Xperi (NYSE:XPER) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$132.9m (up 1.9% from 3Q 2023).
- Net loss: US$16.8m (loss narrowed by 59% from 3Q 2023).
- US$0.37 loss per share (improved from US$0.96 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Xperi Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 26%.
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are down 4.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Xperi (1 is a bit concerning!) that you should be aware of.
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About NYSE:XPER
Xperi
Operates as a consumer and entertainment technology company worldwide.
Excellent balance sheet and fair value.
