Financial PerformanceXPER reported a significant increase in adjusted EBITDA, up 236% year-over-year, indicating strong financial performance and effective cost management.
Market PositioningXPER is gaining momentum in the media platform business with the announcement of a seventh TV OEM brand signing to launch 'Powered by TiVo' products, enhancing its competitive position.
Strategic MovesThe sale of Perceive to Amazon.com provides clarity on the value of XPER's incubated technology and aligns with the company's strategic focus on its media platform strategy.