Xperi (XPER) Tops Q1 Earnings Estimates

Core Viewpoint - Xperi reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of$ 0.13 per share, and showing a significant improvement from a loss of $0.05 per share a year ago, indicating a positive earnings surprise of 23.08% [1] Financial Performance - The company achieved revenues of$ 114.03 million for the quarter ended March 2025, which was slightly below the Zacks Consensus Estimate by 0.21%, and a decrease from $118.84 million in the same quarter last year [2] - Over the last four quarters, Xperi has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Performance - Xperi shares have declined approximately 31.7% since the beginning of the year, contrasting with the S&P 500's decline of 4.7% [3] - The current Zacks Rank for Xperi is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is$ 0.19 on revenues of $115.82 million, and for the current fiscal year, it is$ 0.93 on revenues of $482.52 million [7] - The trend of estimate revisions for Xperi is mixed, which may change following the recent earnings report [6] Industry Context - The Technology Services industry, to which Xperi belongs, is currently ranked in the top 26% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - GigaCloud Technology Inc., another company in the same industry, is expected to report quarterly earnings of$ 0.46 per share, reflecting a year-over-year decline of 45.2% [9]