Xperi Inc ( (XPER) ) has released its Q1 earnings. Here is a breakdown of the information Xperi Inc presented to its investors.
Xperi Inc., an entertainment technology company specializing in developing technologies for consumer devices and media platforms, has released its first quarter 2025 financial results. The company is known for its brands such as DTS, HD Radio, and TiVo, which are integrated into smart devices and connected cars worldwide.
In the first quarter of 2025, Xperi Inc. reported significant growth in its TiVo One platform, achieving 2.5 million monthly active users. The company also experienced a 200% year-over-year increase in adjusted EBITDA, driven by business transformation efforts and cost reductions. Despite a slight decrease in revenue compared to the previous year, Xperi’s strategic initiatives in the North American market, including the launch of Sharp TVs powered by TiVo, have shown positive feedback and potential for future monetization.
Key financial metrics indicate a GAAP revenue of $114 million, with a GAAP operating loss of $16.4 million, an improvement from the previous year’s loss. The non-GAAP operating income was $10 million, and the non-GAAP net income stood at $7.4 million. The company also expanded its TiVo OS platform by adding over 80 streaming services and increased its connected car footprint with HD Radio and DTS AutoStage technologies.
Xperi’s strategic advancements in the connected car and pay TV sectors have been marked by new agreements and software updates, enhancing user experiences and expanding the company’s market reach. The company also renewed several long-term DTS audio agreements and expanded its content commitments with major partners.
Looking ahead, Xperi maintains its revenue outlook for fiscal year 2025, projecting between $480 million to $500 million. The company aims to continue its growth trajectory by focusing on monetization opportunities and expanding its technological footprint in various regions.