UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41486 XPERI INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 83-4470363 (State or Other Jurisdiction of Incorporation or Organization) 2190 Gol ...

Q1 2024 Earnings May 8, 2024 Safe Harbor This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this presentation that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding: expectations regarding our future results of operations and financial position, margin expansion and overall growth, including, without limitati ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Xperi Inc. Announces First Quarter 2024 Results Additional Japanese Global Brand to Launch TVs Powered by TiVo Ahead of UEFA Euro 2024 Video-over-Broadband (IPTV) Surpasses Two Million Subscribers "Entering our second full year as an independent company, we continued to advance our transformation, delivered solid financial results across our key growth areas, and made progress on several strategic initiatives. While revenue was down year over year due in part to the impact ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41486 XPERI INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 83-4470363 (State or Other Jurisdiction of Incorporation or Organization) 2190 Gold Str ...

Xperi Inc. (NYSE:XPER) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants Mike Iburg - Head, Investor Relations Jon Kirchner - Chief Executive Officer Robert Anderson - Chief Financial Officer Conference Call Participants Jason Kreyer - Craig-Hallum Hamed Khorsand - BWS Financial Operator Good day, everyone. Thank you for standing by. Welcome to the Xperi Fourth Quarter and Full Year 2023 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over ...

Xperi Inc. Announces Fourth Quarter and Full Year 2023 Results Signs Additional Smart TV OEM to Integrate TiVo OS; Vestel Now Shipping to UK and Germany Completes Divestiture of AutoSense, Enhancing Focus and Improving Profitability Initiates Formal Process to Evaluate Strategic Alternatives for Perceive San Jose, Calif. (February 28, 2024) – Xperi Inc. (NYSE: XPER) (the "Company" or "Xperi"), an entertainment technology company that invents, develops, and delivers technologies that enable extraordinary exp ...

Xperi Inc. (NYSE:XPER) Q3 2023 Earnings Call Transcript November 13, 2023 5:00 PM ET Company Participants Michael Iburg - VP, IR Jon Kirchner - President, CEO & Director Robert Andersen - CFO Conference Call Participants Jason Kreyer - Craig-Hallum Steven Frankel - Rosenblatt Securities Nicholas Zangler - Stephens Inc. Hamed Khorsand - BWS Financial Matthew Galinko - Maxim Group Operator Good day, everyone. Thank you for standing by. Welcome to the Xperi Third Quarter 2023 Earnings Conference Call. During t ...

Q3 2023 Earnings November 13, 2023 Safe Harbor This presentation contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on information available to Xperi Inc. (the "Company") as of the date hereof, as well as the Company's current expectations, assumptions, estimates and projections that involve risks ...

Revenue Performance - Revenue for the three months ended September 30, 2023, was $130.4 million, an increase of $8.8 million or 7% compared to $121.6 million in the same period of 2022, driven by growth in Media Platform and Connected Car revenues [150]. - Revenue for the nine months ended September 30, 2023, was $384.1 million, a 5% increase from $366.7 million in the same period of 2022, primarily due to contributions from the Vewd acquisition and growth in monetization [151]. Expenses - Cost of revenue, excluding depreciation and amortization, for the three months ended September 30, 2023, was $26.4 million, a decrease of $5.0 million from $31.4 million in the same period of 2022 [153]. - Research and development expenses for the three months ended September 30, 2023, were $56.4 million, a slight decrease of $0.7 million from $57.1 million in the same period of 2022 [156]. - Selling, general and administrative expenses for the three months ended September 30, 2023, were $59.6 million, an increase of $2.9 million from $56.7 million in the same period of 2022 [159]. - Total operating expenses for the three months ended September 30, 2023, were 124% of revenue, down from 428% in the same period of 2022 [148]. - Amortization expense for the three months ended September 30, 2023, was $14.7 million, a decrease of $1.9 million from $16.6 million in the same period of 2022 [164]. - Total stock-based compensation expense for Q3 2023 was $17.6 million, a 66.5% increase from $10.6 million in Q3 2022 [167]. - For the nine months ended September 30, 2023, total stock-based compensation expense was $51.7 million, up 73.7% from $29.8 million in the same period of 2022 [167]. Net Loss and Tax - Net loss for the three months ended September 30, 2023, was 32% of revenue, compared to a net loss of 330% of revenue in the same period of 2022 [148]. - The effective tax rate for the nine months ended September 30, 2023 was (14.5)%, with an income tax expense of $14.5 million on a pretax loss of $99.9 million [174]. Cash Flow and Investments - Cash and cash equivalents decreased to $131.5 million as of September 30, 2023, down $28.6 million from $160.1 million at December 31, 2022 [179]. - Net cash used in operating activities for the nine months ended September 30, 2023 was $20.6 million, compared to $11.3 million for the same period in 2022 [181]. - Net cash used in investing activities was $9.6 million for the nine months ended September 30, 2023, significantly lower than $61.1 million in the same period of 2022 [183]. - The company recorded non-cash impairment charges of $1.1 million for operating lease right-of-use assets during the nine months ended September 30, 2023 [170]. Future Expectations - The company anticipates that amortization expenses will continue to be significant over the next several years due to previous mergers and acquisitions [166]. - The company expects capital expenditures in 2023 to be approximately $15.0 million, primarily for computer hardware and software [184]. - The company may record additional impairment charges related to operating lease right-of-use assets based on plans to reduce its real estate footprint [171]. Financing Activities - The company issued a senior unsecured promissory note of $50.0 million in connection with the Vewd Acquisition, with an interest rate of 6.0% [187]. -

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41486 XPERI INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 83-4470363 (I.R.S. Employer Identification No.) Indicate by check mark whether the ...