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Xperi Inc. (symbol: XPER) is an American technology company renowned for its extensive licensing of technology and intellectual property in diverse fields such as mobile computing, communications, memory and data storage, and three-dimensional integrated circuit technologies. As a consumer and entertainment technology leader, Xperi Inc. offers a robust portfolio of software and services tailored to enhance the user experience across various platforms.
The company's operations are segmented into four primary categories: Pay-TV, Consumer Electronics, Connected Car, and Platform Solutions. The Consumer Electronics segment is the cornerstone of Xperi's business model, generating the majority of its revenue. This segment focuses on embedding advanced technologies in everyday consumer devices, ensuring enhanced functionality and performance.
Pay-TV solutions offered by Xperi deliver state-of-the-art viewing experiences through innovative software that enhances content delivery and user interaction. In the Connected Car segment, Xperi is pushing the boundaries of in-car entertainment and connectivity, providing cutting-edge solutions that integrate seamlessly with modern vehicles.
The Platform Solutions segment encompasses a wide array of services designed to unify and streamline digital content across multiple platforms, ensuring cohesive and efficient media management.
In recent achievements, Xperi Inc. has partnered with leading global brands to drive innovation and deliver superior technology solutions. The company's financial health is robust, reflecting consistent revenue growth and strategic investments in research and development. Xperi's commitment to advancing technology is further evidenced by its active involvement in the latest industry developments and trends.
Stay updated with the latest news and developments related to Xperi Inc. through our comprehensive news section, featuring the most current information directly from Xperi Inc. and other reliable sources.
Xperi Holding Corporation (NASDAQ: XPER) announced that its DTS Play-Fi technology was recognized as a CES 2022 Innovation Awards Honoree. This accolade includes two products: DTS Play-Fi Home Theater in the Smart Home category and DTS Play-Fi apps for Android, Android TV, and iOS in the Software & Mobile App category. The awards, bestowed by the Consumer Technology Association, highlight outstanding design and engineering. DTS Play-Fi enhances home entertainment through high-fidelity audio streaming across multiple devices.
Xperi Holding Corporation (Nasdaq: XPER) reported third-quarter 2021 financial results, showcasing revenue of $219.4 million, an 8.2% increase year-over-year. Despite supply chain challenges, the company achieved cash flow from operations of $82.9 million and repurchased $24.8 million in stock. Notable business developments included the IP licensing segment's revenue of $101.6 million and the TiVo Stream platform expansion. The full-year revenue forecast was narrowed to $870M to $890M, with improved operating cash flow guidance.
IMAX, in partnership with Disney and Xperi, announces the launch of IMAX Enhanced on Disney+, debuting on November 12. This service allows fans to stream 13 Marvel titles in IMAX's Expanded Aspect Ratio, offering up to 26% more picture. Key films include Shang-Chi, Avengers: Endgame, and Black Panther, enhancing the home viewing experience. The collaboration aims to provide immersive audio and visual technology in the future. The Marvel Cinematic Universe has grossed over $1.6 billion in IMAX, solidifying its dominance in the market.
Xperi Holding Corporation (NASDAQ: XPER) will announce its Q3 financial results on November 8, 2021, after market close. An earnings conference call will be held at 2:00 PM PT (5:00 PM ET) that same day, with access available via phone and webcast. Xperi specializes in innovative technologies that enhance entertainment and smart devices, with offerings integrated into billions of consumer products globally.
Xperi (NASDAQ: XPER) has been awarded the 2021 North American Company of the Year Award by Frost & Sullivan, recognizing its innovative culture and expansion in the connected radio market. Xperi's extensive technology portfolio includes brands like DTS and HD Radio, supporting over 100 million vehicles globally. The company’s DTS AutoStage platform enhances in-vehicle entertainment by integrating terrestrial and internet radio content. Recent partnerships in Japan and Germany further bolster its global reach, paving the way for expansion into diverse markets.
Xperi Holding Corporation (NASDAQ: XPER) has signed a licensing agreement with Yangtze Memory Technologies Co., Ltd. (YMTC) for its Direct Bond Interconnect (DBI) hybrid bonding technology, essential for advanced 3D NAND memory products. This technology allows enhanced performance and reduced costs in semiconductor devices. Xperi aims to leverage its extensive semiconductor IP portfolio to drive future growth. The partnership highlights Xperi's commitment to innovation in the semiconductor industry.
Xperi Holding Corporation (NASDAQ: XPER) announced that Novatek Microelectronics Corp will support its DTS Play-Fi technology on a new line of TV SoCs. This partnership enables manufacturers to create TVs featuring advanced wireless audio capabilities without additional hardware costs. Play-Fi allows functionalities like whole-home audio streaming and app-based headphone streaming. The technology is already adopted by over 30 brands, enhancing the audio experience for consumers.
Xperi Holding Corporation (NASDAQ: XPER) announced the launch of HD Radio technology in the 2022 BMW R 18 Transcontinental, marking the first motorbike to offer this digital radio system. HD Radio enhances audio quality and adds features such as album art and traffic updates. Nearly 75 million vehicles already utilize HD Radio, highlighting its broad adoption. Xperi aims to broaden the reach of its technology, following its successful integration into over 200 vehicle models and emphasizing its commitment to providing superior in-vehicle infotainment experiences.
Xperi Holding Corporation (NASDAQ: XPER) announced that Robert Andersen, CFO, will host investor meetings at the Citi 2021 Global Technology Conference on September 14, 2021. Investors interested in attending should reach out to their sales representatives to register for one-on-one meetings. Xperi is known for its innovative technologies under brands like DTS, HD Radio, IMAX Enhanced, Tivo, and others, enhancing entertainment experiences worldwide.
Xperi Holding Corporation (XPER) has announced the launch of DTS Play-Fi Home Theater, a groundbreaking wireless surround sound solution. Set to debut in Q3 2021, this innovation allows TVs to deliver enhanced audio without additional hardware costs. The technology supports various configurations, enabling users to connect existing Play-Fi devices and upgrade audio quality seamlessly. DTS Play-Fi aims to solve common sound quality issues faced by thinner TVs, offering modular upgrades for consumers.
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