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Xperi Inc - XPER STOCK NEWS

Welcome to our dedicated page for Xperi news (Ticker: XPER), a resource for investors and traders seeking the latest updates and insights on Xperi stock.

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.

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Xperi Inc. (NYSE: XPER) has entered into a definitive agreement to sell its AutoSense in-cabin safety business and related imaging solutions to Tobii AB for sale proceeds of $42.7 million. The sale is expected to streamline the business and enhance strategic focus on entertainment markets, with an estimated impact on 2024 revenue of approximately $30 million and expected to be modestly accretive to Adjusted EBITDA upon closing.
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Xperi Inc. (XPER) Announces Strong Q3 FY23 Results and Key Operating Achievements, Including Significant Design Wins and Smart TV and Connected Car Milestones
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Xperi Inc. (NYSE: XPER) will be participating in the Stephens Annual Investment Conference on November 16, 2023. The event will feature a fireside chat with Jon Kirchner, CEO, and Robert Andersen, CFO. The webcast will be available on Xperi's Investor Relations website at investor.xperi.com.
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Yahoo has announced a partnership with Xperi Inc. to bring Yahoo video content to Xperi's DTS AutoStage Video Service. The entertainment platform will be deployed in BMW vehicles, starting with the all-new BMW 5 series. BMW drivers in several countries will have access to Yahoo Finance Video-On-Demand, Yahoo Sports video podcasts, and In The Know video stream content.
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Xperi Inc. will announce its third quarter 2023 financial results on November 13, 2023, and will host an earnings conference call on the same day.
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The average number of streaming services used by consumers decreased from 11.6 to 10.9 in the past 6 months, while consumer spending decreased from $189 to $170. However, video consumption increased from 4.4 to 4.7 hours per day. Ad-supported video on demand (AVOD) and free ad-supported streaming TV (FAST) consumption increased considerably. This shift reflects consumer budget constraints and SVOD companies offering lower-cost services. Consumers are demanding more flexibility in entertainment choices. Content discovery remains a pain point for consumers. TV remains the preferred choice for watching video, but preference for watching on TV is slipping. Word of mouth is the most common method of discovery. 28% of cord-cutters resubscribed to traditional TV for sports, live events, and local programming. In-car media consumption is on the rise. Subscription seasonality spikes may increase in popularity. Smart TV brand loyalty is strong.
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UK consumers spend an average of £78.06 per month on six video content sources. However, only 11% strongly like the recommendations they receive. 21% have stopped their SVOD subscription in the last six months. 42% of UK consumers watch AVOD/FAST channels. 76% are ad-tolerant if it means not paying for content.
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Xperi Inc. demonstrates commitment to delivering extraordinary experiences at IFA 2023
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DTS, Inc. announces immersive audio support for DTS Play-Fi Home Theater, enabling playback of immersive sound formats like DTS:X, Dolby Atmos, and IMAX Enhanced. The update supports up to 12 channels of audio and eliminates the need for unsightly wiring and AV receivers. TPV will be the first partner to launch the enhancements on select 2023 Philips TVs.
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Xperi Inc. announces second quarter 2023 financial results, highlighting strategic momentum in Media Platform and Connected Car. The company expects Smart TVs with their TiVo OS to ship in North America next year. They also expanded their DTS AutoStage platform and signed agreements with broadcast groups and car manufacturers. The company reaffirms its outlook for fiscal 2023.
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FAQ

What is the current stock price of Xperi (XPER)?

The current stock price of Xperi (XPER) is $8.71 as of November 22, 2024.

What is the market cap of Xperi (XPER)?

The market cap of Xperi (XPER) is approximately 392.5M.

What does Xperi Inc. specialize in?

Xperi Inc. specializes in licensing technology and intellectual property in fields like mobile computing, communications, and data storage.

Which segment generates the most revenue for Xperi Inc.?

The Consumer Electronics segment generates the majority of Xperi Inc.'s revenue.

What are the main segments of Xperi Inc.'s business?

Xperi Inc.'s business is divided into Pay-TV, Consumer Electronics, Connected Car, and Platform Solutions.

How does Xperi Inc. contribute to the Pay-TV industry?

Xperi Inc. offers advanced software solutions that enhance content delivery and user interaction in the Pay-TV industry.

What innovations does Xperi Inc. provide for the automotive industry?

Xperi Inc. develops cutting-edge in-car entertainment and connectivity solutions for the automotive industry.

What is the focus of Xperi Inc.'s Platform Solutions segment?

The Platform Solutions segment focuses on unifying and streamlining digital content across multiple platforms.

Who are some of Xperi Inc.'s key partners?

Xperi Inc. has partnered with leading global brands to drive innovation and deliver superior technology solutions.

How does Xperi Inc. ensure its financial health?

Xperi Inc. maintains robust financial health through consistent revenue growth and strategic investments in research and development.

What are some recent achievements of Xperi Inc.?

Xperi Inc. has made significant strides by partnering with global brands and advancing its technology offerings.

Where can I find the latest news about Xperi Inc.?

The latest news about Xperi Inc. can be found in our comprehensive news section, featuring up-to-date information from reliable sources.

Xperi Inc

NYSE:XPER

XPER Rankings

XPER Stock Data

392.49M
43.87M
2.14%
92.11%
2.96%
Software - Application
Services-prepackaged Software
Link
United States of America
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