Xperi Corporation (XPER) Reports Q1 Billings Beats Estimates; Offers Q1 Billings Above Consensus, Affirms FY19 Billings Outlook
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Xperi Corporation Announces First Quarter 2019 Results
May 8, 2019 4:05 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, 2019.
We are pleased with our financial results and the progress we made during the quarter on several key initiatives in the automotive, mobile and home markets. Billings were in line with our expectations and operating expenses were lower than forecasted, generating strong financial performance for the quarter, said Jon Kirchner, chief executive officer of Xperi.
Financial Highlights
($ and share count in thousands)
GAAP Non-GAAP Q1 2019 Q1 2018 Q1 2019 Q1 2018 Billings 1... More