XPERI Q1 2022 EARNINGS DECK May 9, 2022 Safe Harbor This document 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 Xperi Holding Corporation's (the "Company") current expectations, estimates and projections about the Company's financial results, forecasts, and business outlook, strategic prio ...

Xperi Holding Corp (NYSE:XPER) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants Jill Koval - Xperi Jon Kirchner - CEO, President & Director Robert Andersen - CFO Conference Call Participants Matthew Galinko - Sidoti & Company Hamed Khorsand - BWS Financial Richard Shannon - Craig-Hallum Operator Good day, everyone. Thank you for standing by. Welcome to Xperi First Quarter 2022 Earnings Conference Call. [Operator Instructions]. I would now like to turn the call over to Jill Koval ...

XPERI Q4 2021 EARNINGS DECK February 23, 2022 Safe Harbor This document 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 Xperi Holding Corporation's (the "Company") current expectations, estimates and projections about the Company's financial results, forecasts, and business outlook, growth e ...

Xperi Holding Corporation (NYSE:XPER) Q4 2021 Earnings Conference Call February 22, 2022 5:00 PM ET Company Participants Geri Weinfeld - Vice President of Investor Relations Jon Kirchner - Chief Executive Officer Robert Andersen - Chief Financial Officer Conference Call Participants Hamed Khorsand - BWS Financial Richard Shannon - Craig-Hallum Matthew Galinko - Maxim Group Operator Please stand by weÂ're about to begin. Good day, everyone. Thank you for standing by. Welcome to the Xperi Fourth Quarter and F ...

Xperi Holding Corporation (NYSE:XPER) Q3 2021 Earnings Conference Call November 8, 2021 5:00 PM ET Company Participants Geri Weinfeld - VP IR Jon Kirchner - CEO Robert Andersen - CFO Samir Armaly - President, IP Licensing Conference Call Participants Hamed Khorsand - BWS Financial Sam Peterman - Craig-Hallum Capital Group Matthew Galinko - Maxim Group Michael Cohen - MDC Financial Research Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Xperi Third Quarter Fiscal Year 2021 ...

XPERI Q2 2021 INVESTOR DECK August 3, 2021 Safe Harbor This document 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 Xperi Holding Corporation's (the "Company") current expectations, estimates and projections about the Company's financial results, forecasts, and business outlook, growth expe ...

Financial Data and Key Metrics Changes - Revenue for Q2 2021 was $222.3 million, down 4.7% year-over-year, primarily due to declines in semi IP and Pay-TV product business, partially offset by growth in media IP, Connected Car, and Consumer Experience markets [9][10] - Operating cash flow was $56.3 million, and adjusted free cash flow was $56.7 million, with $51 million of debt paid down and $10 million used for stock buybacks [10][30] - Non-GAAP earnings per share for Q2 was $0.61, with 104.9 million basic shares outstanding [28] Business Line Data and Key Metrics Changes - IP licensing revenue was $101.8 million, with media IP revenue up more than 40% year-over-year, driven by Comcast license and renewals [12] - Total product revenue was $120.4 million, up 6% year-over-year, with Consumer Experience revenue at $46.9 million, up 12% year-over-year, driven by TiVo Stream 4K sales [17] - Connected Car revenue was $19.5 million, up 53% year-over-year, with 15 new models launched featuring HD Radio technology [20] Market Data and Key Metrics Changes - Pay-TV revenue was $54 million, down 9% year-over-year, primarily due to subscriber churn [22] - The company continues to see strong subscriber growth for its IPTV service, which grew close to 100% quarter-over-quarter [23] Company Strategy and Development Direction - The company is focused on expanding its IP business, particularly in the OTT area, and has made significant progress in licensing agreements with major players like Google and Fox [13][16] - The acquisition of MobiTV is expected to accelerate IPTV conversions and profitable revenue growth, expanding the addressable market [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in exceeding the $350 million average annual baseline for IP revenue this year, with over $100 million of annual IP revenue coming from outside traditional U.S. Pay-TV [16] - The company reaffirmed its revenue outlook for the year at $860 million to $900 million, considering the impact of semiconductor supply constraints [31] Other Important Information - The company has engaged with 20 OEMs for its Connected Car products and is preparing for the launch of AutoSense with BMW [21] - The company is monitoring the semiconductor supply situation and its potential impact on customer go-to-market plans [24] Q&A Session Summary Question: What are the efforts regarding OTT license renewals and new licenses? - Management indicated a strong pipeline of opportunities for renewals and new licensing in the OTT area, with updates to be provided as progress is made [37][39] Question: Can you discuss MobiTV's customer diversification? - The customer base for MobiTV is largely U.S. centric, with around 100 different customers, and the company aims to leverage this for aggressive IPTV growth [40] Question: Will the drop in hardware COGS be a new level going forward? - Management expects COGS to increase in the second half due to timing of expenses and the MobiTV acquisition [41][42]

XPERI Q1 2021 INVESTOR DECK May 5, 2021 Safe Harbor This document 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 Xperi Holding Corporation's (the "Company") current expectations, estimates and projections about the Company's financial results, forecasts, and business outlook, the benefits o ...

Financial Data and Key Metrics Changes - Revenue for Q1 2021 was $221.6 million, aligning with expectations, and non-GAAP EPS was $0.59, indicating a strong start to the year [8][30] - Operating cash flow was $26.7 million, up 124% year-over-year, and adjusted free cash flow was $29.7 million, up 84% year-over-year [8][34] - The company repurchased $25 million of stock during the quarter, with a total of $95 million spent to repurchase 6 million shares since the merger [9][32] Business Line Data and Key Metrics Changes - IP licensing revenue in Q1 was $98 million, with media IP revenue increasing over 30% year-over-year, driven by renewals with major companies [11][12] - Product revenue was $123.6 million, down 13% year-over-year, primarily due to minimum guarantees taken in Q1 of the previous year [16] - Connected car revenue was $20 million, up 16% year-over-year, reflecting a return to stronger automotive sales [21] Market Data and Key Metrics Changes - Pay TV revenue was $52.3 million, down 16% year-over-year, attributed to subscriber churn and a shift in revenue allocation to the IP business [25] - The company expects the lowest pay TV revenue quarter of the year, with a shift towards IP TV expected to partially offset subscriber declines [26] Company Strategy and Development Direction - The company aims for mid-single digits to low teens CAGR for the product business and mid to high single digits for the IP business over the next four years [10][76] - Strategic initiatives include expanding the TiVo stream footprint, enhancing IMAX ecosystems, and advancing discussions with key OEM partners [10][20] Management's Comments on Operating Environment and Future Outlook - Management remains confident in the cash flow outlook and long-term prospects despite global semiconductor supply chain issues [9][35] - The company expects revenue for the year to be in the range of $860 million to $900 million, with Q4 anticipated to be the strongest quarter [35][36] Other Important Information - The company achieved ISO 9001 certification for its car safety systems, marking a significant milestone [25] - The integration of legacy IP businesses post-merger has resulted in a stronger combined IP business [13] Q&A Session Summary Question: Insights on IP baseline and potential growth - Management expressed confidence in the pipeline for IP growth areas, including OTT, Canadian pay-TV, and semi IP, but noted timing remains uncertain [41][44] Question: Outlook for pay-TV and IPTV business - Management indicated that the pace of IPTV adoption is improving, with expectations for meaningful growth in the future [46][49] Question: Impact of supply constraints on business - Management acknowledged mixed feedback from customers regarding supply constraints but indicated it has not materially impacted business beyond expectations [56][58] Question: Details on IMAX Enhanced integration - Initial relevance of IMAX Enhanced will be in North America, with more details to be shared closer to the launch [61] Question: Timeline for product market entry - Management expects products to be in the marketplace by early next year, with ongoing technical development on schedule [64] Question: Future growth expectations for product business - Management anticipates growth in the product business beyond 2021, with a strong execution plan in place [73][76] Question: Timeline for IP spin-out - Management confirmed the expected timeframe for the IP spin-out remains in the first half of 2022, with more details to be provided later [77]

Xperi Holding Corporation (NYSE:XPER) Q4 2020 Earnings Conference Call February 23, 2021 5:00 PM ET Company Participants Geri Weinfeld - VP, IR Jon Kirchner - CEO Robert Andersen - CFO Samir Armaly - President, IP Licensing Conference Call Participants Matthew Galinko - Sidoti Eric Wold - B. Riley Hamed Khorsand - BWS Financial Mitch Steves - RBC Capital Markets Richard Shannon - Craig-Hallum Brett Hendrickson - Nokomis Capital Operator Good day, ladies and gentlemen. Thank you for standing by and welcome t ...