NYSE$XPER

Xperi Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Announced third quarter 2022 results, showing continued momentum in strategic growth initiatives and reiterated FY 2022 guidance.

Xperi Inc. reported revenue of $121.6 million for the third quarter, a 3% increase year-over-year. The company experienced a GAAP loss per share of ($9.54) and a non-GAAP loss per share of ($0.22). Key operating achievements included customer wins and expansion in Media Platform, IPTV, and Connected Car businesses. The company reiterated its 2022 guidance.

  • Revenue of $121.6 million, a 3% increase year-over-year.
  • GAAP earnings per share of ($9.54) and non-GAAP earnings per share of ($0.22).
  • Welcomed Vestel as the first OEM partner to offer Powered by TiVo™ SmartTVs in 2023.
  • Surpassed 1 million Video Over Broadband (IPTV) subscribers.

Headline financials

Total Revenue

$122M

Previous: $362M-66.4%
EPS (adj)

-$0.22

Previous: -$2.95+92.5%
Capital Expenditures

-$10.5M

Previous: $14.8M-171.1%
Free Cash Flow

-$411M

Previous: -$28.8M-1325.8%
Net Income

-$401M

Previous: -$46.3M-764.8%
Operating Income

-$399M

Previous: -$45M-787.6%
Gross Profit

$90.2M

Previous: $85.4M+5.6%
Cash & Equivalents

$180M

Previous: $107M+68.3%
Total Assets

$1.01B

No prior period
Stock-Based Comp

$10.6M

Previous: $24.4M-56.6%

Revenue & EPS history

Xperi · Revenue · Quarterly

$122M

Q3 2022-66.4%vs Q3 2021
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Forward guidance

The Company is reiterating its guidance for 2022, previously provided at its recent Investor Day.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+0.9%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-0.6%

Avg return

30 days after

52%

12 / 23 earnings

Positive

+28.7%

Q3 2020

Best reaction

-10.9%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+12.0%+16.4%+7.2%
Q4 2025+3.4%+10.4%-0.5%
Q3 2025+1.8%-2.5%-10.7%
Q1 2025+15.4%+20.0%+12.7%
Q4 2024-3.2%-5.3%-8.4%
Q3 2024-7.9%-11.0%+2.2%
Q2 2024-6.4%-4.4%+13.1%
Q1 2024-9.8%-13.1%-26.8%
Q4 2023-6.0%-6.6%+3.4%
Q3 2023+7.5%+22.0%+18.9%
Q2 2023-10.6%-8.4%-16.2%
Q1 2022+2.7%+4.4%+20.6%
Q1 2023+1.3%-3.7%+18.9%
Q2 2022-2.3%-8.2%-9.8%
Q4 2020-2.3%-8.2%-9.8%
Q4 2022+13.5%+14.9%+3.3%
Q3 2021+1.2%-5.5%-11.2%
Q4 2021+1.2%-5.5%-11.2%
Q3 2022-9.1%-3.7%-7.3%
Q2 2021-0.5%
Q1 2021+0.5%
Q3 2020+28.7%
Q2 2020-10.9%
Q1 2020
Q4 2019
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Q4 2011
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Q4 2010
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Q2 2010
Q1 2010

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