Xperi (XPER) to Release Quarterly Earnings on Wednesday

Xperi (NASDAQ:XPER) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 8th. Xperi has set its FY 2024 guidance at EPS.Parties interested in registering for the company’s conference call can do so using this link.

Xperi (NASDAQ:XPER) last posted its quarterly earnings data on Wednesday, February 28th. The semiconductor company reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.16. The company had revenue of $137.23 million during the quarter, compared to analysts’ expectations of $138.90 million. Xperi had a negative return on equity of 7.37% and a negative net margin of 26.20%.

Xperi Trading Up 1.1 %

Shares of XPER stock opened at $10.77 on Monday. The company has a fifty day moving average price of $10.77 and a two-hundred day moving average price of $10.47. Xperi has a one year low of $7.91 and a one year high of $13.62. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.13.

Wall Street Analyst Weigh In

Several research firms have weighed in on XPER. StockNews.com raised shares of Xperi from a “hold” rating to a “buy” rating in a report on Sunday, April 14th. Rosenblatt Securities reissued a “buy” rating and set a $15.00 price target on shares of Xperi in a report on Friday, March 1st.

Xperi Company Profile

Xperi Inc operates as a consumer and entertainment technology company worldwide. It offers Pay-TV solutions, including UX solutions that allows service providers to customize elements of the interactive program guide for their customers and to upgrade the programming features and services; IPTV, a cloud-based solution that supports various services and applications, such as TV programming, broadband OTT video content, digital music, photos, and other media experiences; managed IPTV service; video metadata and services; managed IPTV Service, a customizable, cloud-enabled, and end-to-end streaming video solution that enables operators to quickly launch a branded, fully compliant, full-featured Pay-TV service; metadata libraries comprising television, sports, movies, digital-first, celebrities, books, and video games; personalized content discovery, natural language voice, and insights; and TiVo DVR subscriptions, as well as technical support service.