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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 CFO Robert Andersen will present at the Sidoti & Company Virtual Conference on March 24, 2021, at 11:30am PT / 2:30pm ET. The presentation will be available via webcast on Xperi's Investor Relations website. Additionally, management will conduct one-on-one and group meetings during the conference. Xperi focuses on developing technologies that enhance entertainment experiences across various devices and platforms worldwide.
Xperi Holding Corporation (NASDAQ: XPER) announced a partnership with Loewe, a renowned German brand in the television and audio sector, to integrate DTS Play-Fi technology. New products featuring DTS Play-Fi are expected to launch in the first half of 2021, enhancing wireless audio solutions. This collaboration aims to offer consumers seamless, high-quality audio experiences throughout their homes, allowing Loewe to expand its product offerings with advanced audio capabilities without requiring additional hardware.
Xperi Holding Corporation (NASDAQ: XPER) announced a partnership with Hisense to integrate DTS Play-Fi® technology into Hisense products. This collaboration aims to offer a range of Play-Fi enabled devices set to launch globally in the second half of 2021. DTS Play-Fi enhances audio experiences with features like wireless surround sound and Hi-Res audio support, allowing manufacturers to create differentiated products. The DTS Play-Fi ecosystem boasts a wide array of compatible audio devices, ensuring comprehensive support for various music services and personal libraries.
Xperi Holding Corporation (Nasdaq: XPER) announced fourth-quarter 2020 results, reflecting a transformative year marked by a merger with TiVo and $45 million in run rate synergies. Total revenue reached $433.9 million with cash flow from operations of $298.2 million. The company paid down $163.1 million in debt and repurchased $20 million in stock. In 2021, Xperi projects revenues between $860 million and $900 million and aims to enhance profitability in its IP licensing and product businesses.
Xperi Holding Corporation (Nasdaq: XPER) has renewed its long-term agreement with Vodafone, a premier telecommunications provider in Europe and Africa. The new multi-year contracts grant Vodafone access to TiVo's extensive product range, including Content Discovery, Conversational Voice, and Insight Data Analytics, along with the company's patented innovations. This collaboration aims to enhance Vodafone's service offerings and customer engagement in a competitive entertainment market. The agreement underscores TiVo's commitment to delivering cutting-edge technologies to the media and entertainment sector.
Xperi Holding Corporation (Nasdaq: XPER) announced a multi-year extension of its agreement with Sharp Corporation to utilize TiVo's G-Guide products in Japan. This renewal allows Sharp to provide advanced interactive program guides, crucial for its AQUOS 8K series. The agreement also includes a broader license for TiVo's patent portfolio, enabling Sharp to enhance content discovery across its global product line. TiVo emphasizes its commitment to innovation, enhancing viewer experience by simplifying access to a wide range of entertainment options.
Xperi Holding Corporation (NASDAQ: XPER) will announce its financial results for the full year and Q4 ended December 31, 2020, on February 23, 2021, after market close. An earnings conference call is scheduled for the same day at 2:00 PM PT (5:00 PM ET). U.S. callers can dial 800-437-2398, while international callers can reach +1 323-289-6576 using Conference ID 5453588. Participants are encouraged to join 15 minutes early due to expected wait times. Xperi specializes in technologies that enhance consumer experiences through its brands such as DTS and TiVo.
Xperi Holding Corporation (NASDAQ: XPER) announced a multiyear extension of its licensing agreements for TiVo's patent portfolios with Sony Corporation. Samir Armaly, president of intellectual property at Xperi, expressed pride in extending the relationship, emphasizing Sony's strong technological foundation. TiVo, a leader in media technology, focuses on enhancing viewer experiences across various platforms, having invested decades in R&D for industry innovation. This partnership is expected to reinforce TiVo's role in the entertainment sector while expanding their technological reach.
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