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