Xperi Corporation (XPER) Tops Q1 EPS by 12c; Offers FY21 Revenue Outlook

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Xperi Holding Corporation Announces First Quarter 2021 Results

May 5, 2021 4:05 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Xperi Holding Corporation (Nasdaq: XPER) (the Company, Xperi or we) today announced financial results for the first quarter ended March 31, 2021.

Revenue for the first quarter was in line with our expectations, marking a strong start for the year and placing us on track to realize our full year financial outlook, said Jon Kirchner, chief executive officer of Xperi. Importantly, we made material progress on each of our strategic initiatives in our IP and product segments, and we expect continued strong execution throughout the balance of the year.

First Quarter 2021 Financial... More