Xperi Corporation (XPER) Tops Q2 EPS by 7c
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Xperi Corporation Announces Second Quarter 2017 Results
July 27, 2017 4:05 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Xperi Corporation (Nasdaq: XPER) (the Company or we) today announced financial results for the second quarter ended June 30, 2017.
Our results for the quarter were very good, with revenue at the high end of our outlook and Non-GAAP EPS exceeding expectations, driven by strength in our automotive business, said Jon Kirchner, CEO of Xperi. The DTS integration is tracking to plan and we exited the second quarter at 90 percent of our annualized cost synergy target of 15 million dollars. As we continue to work towards resolving the Broadcom and Samsung... More
