Xperi Corporation (XPER) Misses Q4 EPS by 16c, Revenues Beat; Offers FY21 Revenue Mid-Point Guidance Below Consensus
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Xperi Holding Corporation Announces Fourth Quarter 2020 Results
February 23, 2021 4:05 PM ESTSAN JOSE, Calif.--(BUSINESS WIRE)-- Xperi Holding Corporation (Nasdaq: XPER) (the Company, Xperi or we) today announced financial results for the fourth quarter ended December 31, 2020.
Last year was transformative for Xperi. We closed our merger with TiVo, made significant progress on integration, and were able to achieve $45 million in run rate synergies by year end. Additionally, we closed one of the largest IP licensing deals in the history of both companies, took important steps to increase profitability on the product side of the business, and announced significant new product offerings, said Jon Kirchner, chief... More
