Xperi Corporation (XPER) Reports Q4 Revenues Above Consensus

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Xperi Corporation Announces Fourth Quarter and Full Year 2019 Results

February 18, 2020 4:10 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, 2019.

Xperi finished 2019 on a strong note, delivering better than expected results for the fourth quarter and generating record operating cash flow for the full year as we remained focused on execution across our business, said Jon Kirchner, chief executive officer of Xperi. We recently reached a significant milestone in the development of a new machine learning hardware and software platform, which is now being sampled by prospective... More