Xperi Reports Q3 Earnings Beat and Raises Adjusted EBITDA Margin Outlook
Xperi (NYSE: XPER) reported third-quarter financial results that exceeded analyst expectations, posting a Non-GAAP EPS of $0.24, which beat estimates by $0.07. The company's revenue reached $114 million, representing a 2.2% year-over-year increase and surpassing projections by $2.53 million. Following these results, Xperi updated its full-year outlook. While the company narrowed its revenue guidance to a range of $450M–$462M, it raised its expectations for both adjusted EBITDA margin (now 19%–21%) and operating cash flow ($20M–$30M). This upward revision in profitability metrics suggests improved operational efficiency heading into the end of the fiscal period.
Tickers: $XPER
Topics: earnings report eps beat guidance update revenue beat