Xperi Inc ( (XPER) ) has released its Q4 earnings. Here is a breakdown of the information Xperi Inc presented to its investors.
Xperi Inc. is an entertainment technology company that develops and delivers technologies for smart devices, connected cars, and media platforms, enhancing user experiences across various sectors. In its latest earnings report, Xperi Inc. announced its financial results for the fourth quarter and full year of 2024, highlighting significant achievements such as the launch of Sharp TVs with TiVo OS in the U.S. market and the expansion of its IPTV and DTS AutoStage footprints. The company reported a slight increase in revenue for 2024, adjusted for divested businesses, with growth in IPTV and Connected Car segments offsetting declines in legacy solutions. Notably, Xperi doubled its year-over-year adjusted EBITDA, reflecting its successful business transformation and improved profitability. Looking ahead, Xperi aims to further expand its Smart TV and connected car footprints, with expectations of significant monetization opportunities as its user base grows. The company projects revenue for 2025 to be between $480 million and $500 million, with a non-GAAP adjusted EBITDA margin of 16% to 18%.