Xperi: Fourth Quarter Financial Results Overview
Xperi Inc. Reports Fourth Quarter Financial Results
Xperi Inc., headquartered in San Jose, California, announced a net loss of $17.1 million for the fourth quarter.
During this period, the company recorded a loss of $0.37 per share. After adjusting for special items, earnings were $0.24 per share.
The media software provider generated $116.5 million in revenue for the quarter.
Looking at the full year, Xperi reported a total loss of $56.3 million, or $1.23 per share, with annual revenue reaching $448.1 million.
For the upcoming year, Xperi anticipates revenue to fall between $440 million and $470 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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