Xperi Corporation (XPER) Reports Q4 Revenues Miss; Offers Q1 & FY19 Revenue Guidance

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Xperi Corporation Announces Fourth Quarter and Full Year 2018 Results

February 20, 2019 4:05 PM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- Xperi Corporation (Nasdaq: XPER) (the Company or we) today announced financial results for the fourth quarter and full year ended December 31, 2018.

2018 was a good year for Xperi. We continued to deliver on our strategic vision and reached several important milestones within each of our markets. HD Radio penetration reached 52% of new cars sold in North America, we signed a significant partnership with IMAX that will help drive future codec penetration in the home and beyond and we released our 3D Facial Recognition technology that we expect a... More