Xperi Corporation (XPER) Tops Q1 EPS by 4c
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Xperi Corporation Announces First Quarter 2017 Results
May 3, 2017 4:15 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Xperi Corporation (Nasdaq: XPER) (the Company or we) today announced financial results for the first quarter ended March 31, 2017.
Our results for the quarter exceeded the high end of our revenue guidance, driven by strength in our product licensing business and a lower than estimated impact from purchase accounting, said Tom Lacey, CEO of Xperi. We made positive progress on the integration of DTS and are on track to deliver our planned cost synergies as the Company continues to execute well across the business. We continue to develop... More
