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Xperi: Q1 Earnings Snapshot

Associated Press Finance
·1 min read

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Xperi Inc. (XPER) on Wednesday reported a loss of $13.1 million in its first quarter.

On a per-share basis, the San Jose, California-based company said it had a loss of 29 cents. Losses, adjusted for one-time gains and costs, were 5 cents per share.

The media software company posted revenue of $118.8 million in the period.

Xperi expects full-year revenue in the range of $500 million to $530 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XPER at https://www.zacks.com/ap/XPER