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 ...

Xperi Holding Corporation (NYSE:XPER) Q1 2021 Earnings Conference Call May 5, 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 Richard Shannon - Craig-Hallum Hamed Khorsand - BWS Financial Matthew Galinko - Sidoti Operator Good day, ladies and gentlemen. Thank you for standing by and welcome to the Xperi First Quarter Fiscal Year 2021 Earnings Conference Call. [Operator Instructions] Follo ...

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 ...

Xperi Holding Corporation (NYSE:XPER) Q3 2020 Earnings Conference Call November 9, 2020 5:00 PM ET Company Participants Geri Weinfeld – Vice President of Investor Relations Jon Kirchner – Chief Executive Officer Robert Andersen – Chief Financial Officer Samir Armaly – President, IP Licensing Conference Call Participants Eric Wold – B. Riley Securities Richard Shannon – Craig-Hallum Capital Group Mitch Steves – RBC Hamed Khorsand – BWS Financial Matthew Galinko – Sidoti Operator Good day, ladies and gentleme ...

XPERI Q3 2020 INVESTOR DECK November 9, 2020 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 benef ...

Xperi Holding Corporation (NYSE:XPER) Q2 2020 Earnings Conference Call August 10, 2020 5:00 PM ET Company Participants Geri Weinfeld - Vice President of Investor Relations Jon Kirchner - Chief Executive Officer Robert Andersen - Chief Financial Officer Samir Armaly - President of IP Licensing Conference Call Participants Eric Wold - B. Riley Richard Shannon - Craig-Hallum Mitch Steves - RBC Capital Markets Matthew Galinko - Sidoti Operator Good day ladies and gentlemen. Thank you for standing by. Welcome to ...

XPERI Q2 2020 INVESTOR PRESENTATION August 10, 2020 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, th ...

Xperi Corporation (NYSE:XPER) Q1 2020 Earnings Conference Call May 6, 2020 5:00 PM ET Company Participants Geri Weinfeld - VP, IR Jon Kirchner - CEO Robert Andersen - EVP & CFO Conference Call Participants Richard Shannon - Craig-Hallum Mitchell Steves Steves - RBC Capital Markets Eric Wold - B. Riley FBR Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Xperi First Quarter 2020 Earnings Conference Call. During today's presentation all parties will be in a listen only mo ...

XPERI ¥ TIVO® TRANSACTION UPDATE May 6, 2020 2 Important Information and Where to Find It In connection with the proposed transaction, Holdco has filed with the Securities and Exchange Commission ("SEC"), and the SEC has declared effective on April 22, 2020, a registration statement on Form S-4 (File No. 333-236492) that includes a joint proxy statement of Xperi and TiVo and that also constitutes a prospectus of Holdco ("Joint Proxy Statement/Prospectus"). Xperi, TiVo and Holdco may also file other document ...