Xperi Corporation (XPER) Misses Q1 EPS by 155c

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Xperi Holding Corporation Announces First Quarter 2022 Results

May 9, 2022 4:05 PM EDT

Remains on track to separate product and IP businesses in the fall

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, 2022.

We are off to a good start for the year, delivering revenue growth of 16% in the first quarter, primarily due to the previously announced Micron agreement, said Jon Kirchner, chief executive officer of Xperi. The top line strength, combined with our progress on key strategic initiatives, positions us well to deliver on... More