Xperi Corporation (XPER) Misses Q3 EPS by 1c, Revenues Beat

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Xperi Holding Corporation Announces Third Quarter 2020 Results

November 9, 2020 4:06 PM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- Xperi Holding Corporation (Nasdaq: XPER) (the Company, Xperi or we) today announced financial results for the third quarter ended September 30, 2020.

We made significant progress on various strategic initiatives during the quarter and delivered financial results in line with our original second half expectations, said Jon Kirchner, chief executive officer of Xperi. We are pleased to have successfully concluded a license with Comcast that further establishes the long term and recurring nature of our licensing programs within the media business. As a result of the license, we are raising our... More