NYSE$XPER

Xperi Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Xperi's Q4 2022 financial results were announced, demonstrating strong financial performance and design wins.

Xperi Inc. reported a revenue of $136 million for the fourth quarter, a 9% increase from the previous year. The company's GAAP net loss was ($297 million), or ($7.06) per share, while non-GAAP net income was $4 million, or $0.08 per share. Adjusted EBITDA was $4 million, with a margin of 3%.

  • Revenue increased by 9% to $136 million compared to the year-ago period.
  • GAAP Net Loss was ($297M), or ($7.06) per share, while non-GAAP Net Income was $4M, or $0.08 per share.
  • Adjusted EBITDA was $4M for the fourth quarter, resulting in an Adjusted EBITDA margin of 3%.
  • Awarded first design win for TiVo’s video platform in Connected Car

Headline financials

Total Revenue

$136M

Previous: $125M+8.6%
EPS (adj)

$0.08

Previous: -$1.23+106.5%
Capital Expenditures

$3.69M

Previous: -$5.9M+162.6%
Free Cash Flow

-$20.8M

Previous: -$3.5M-494.9%
Net Income

-$297M

Previous: -$54.6M-444.5%
Operating Income

-$299M

Previous: -$43.5M-588.2%
Gross Profit

$98.3M

Previous: $87.1M+12.8%
Cash & Equivalents

$160M

Previous: $121M+32.7%
Total Assets

$737M

Previous: $1.23B-40.0%
Stock-Based Comp

$15.5M

Previous: $9.15M+69.9%

Revenue & EPS history

Xperi · Revenue · Quarterly

$136M

Q4 2022+8.6%vs Q4 2021
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Forward guidance

The Company is providing the following guidance for fiscal year 2023. Revenue 510 to 540

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 Q4 2022

Historical avgQ4 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
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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