Xperi shareholders have the important opportunity to vote in support of Xperi management and incumbent directors as they continue to execute our revitalized strategy as a new independent company 2 Executing a Multi-Year Transformation to Drive Long-Term Shareholder Value M A Y 2 , 2 0 2 4 What is This Proxy Fight About? Xperi recommends that shareholders vote for the incumbent slate of directors at the 2024 Annual Meeting ▪ Xperi is a leading product-focused entertainment technology company, creating extrao ...

Nick Zheng, CFA +852-2978-1405 | nick.zheng@gs.com Goldman Sachs (Asia) L.L.C. 8 June 2025 | 9:00PM HKT China Machinery Field trip takeaways: domestic divergence driven by policy; exports and electrification in focus We visited machinery companies Sany Heavy, Volvo CE (VOLVb.ST, Buy on CL, Covered by our Europe industrials analyst Daniela Costa), Weichai Power, Sinotruk and Foton (600166.SS, Not Covered); and industry consultant Off-Highway Research (OHR), as part of our China Industrials trip together with ...

1Q25 Earnings Call May 6, 2025 SAFE HARBOR STATEMENT From time to time, information provided by us, including, but not limited to, statements in this presentation, or other statements made by or on our behalf, may contain or constitute "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achieve ...

Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was $114 million, a decrease of 4% from $119 million in the previous year, and a 2% decrease when adjusting for divestitures [20] - Adjusted EBITDA was $16 million, representing a margin of 14%, which is over 200% increase compared to $5 million in the prior year [8][22] - Non-GAAP earnings per share improved to $0.16 from a loss of $0.05 per share in the previous year [22] Business Line Data and Key Metrics Changes - Pay TV revenue was $50 million, down 12%, with strong growth in IPTV (up 25%) offset by declines in core pay TV business [20] - Consumer Electronics revenue decreased by 5% to $23 million, primarily due to lower production volumes [20] - Connected Car revenue rose 37% to $33 million, driven by licensing agreements for HD Radio [20] - Media Platform revenue was $8 million, down 30% due to lower middleware revenue and timing shifts in advertising commitments [21] Market Data and Key Metrics Changes - IPTV subscriber households increased to over 2.75 million, a 36% year-over-year growth [16] - The Connected Car segment finished the quarter with a footprint of 11 million vehicles across over 130 countries [16] Company Strategy and Development Direction - The company is focused on three growth solutions: Connected TV advertising, in-cabin entertainment, and TiVo video over broadband [8] - The TiVo One ad platform aims to maximize engagement and monetization on streaming devices [10] - The company is expanding its partnerships with TV manufacturers and expects to add 1-2 new partners this year [36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year growth goals despite macroeconomic uncertainties [6] - The company maintains its financial outlook for the year, indicating modest impacts from tariffs [25][42] - Management expects to see positive cash flow in the second half of the year [32] Other Important Information - The company completed a financing arrangement with PNC Bank for a $55 million line of credit [23] - Operating cash usage was $22 million, primarily due to the paydown of accrued liabilities [24] Q&A Session Summary Question: Regarding IPTV and user base growth - Management indicated that improvements in subscribership revenue will be seen throughout the year, with ongoing efforts to assist deployments [26] Question: Capacity to handle increased IPTV customers - Management confirmed that they are staging deployments and have the capacity to manage the increase over time [30] Question: Positive cash flow expectations - Management stated that while Q1 is typically the weakest quarter, they expect positive cash flow for the remainder of the year, particularly in the second half [32] Question: Additional OEMs in the pipeline for TV companies - Management expects to add at least one to two new TV partners this year beyond the existing eight [36] Question: Active user targets and tariff impacts - Management remains on track to reach 5 million monthly active users by year-end and anticipates reaching 7 million by the end of next year, with tariffs having a modest impact [38]

Q1 2025 Earnings May 7, 2025 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 limita ...

Xperi (XPER) Q4 2024 Earnings Call February 26, 2025 05:00 PM ET Company Participants Catheryn Mallari - Senior Manager - Marketing Strategic Planning & AnalysisJon Kirchner - CEORobert Andersen - CFO Conference Call Participants Cal Bartyzal - Equity Research AnalystSteve Frankel - Director of Research & Senior Research AnalystHamed Khorsand - AnalystMatthew Galinko - SVP & Senior Research Analyst Operator Good day, everyone. Thank you for standing by, and welcome to the Expere Fourth Quarter and Full Year ...