Business
Xperi Inc. Announces First Quarter 2025 Results
SAN JOSE, Calif., May 07, 2025--Xperi Inc. (NYSE: XPER) (the "Company" or "Xperi"), an entertainment technology company that invents, develops, and delivers technologies that enable extraordinary experiences, today announced first quarter 2025 financial results for the period ended March 31, 2025.
About this update from Xperi Inc.
[{"type":"text","content":"Achieved 2.5 million TiVo One Monthly Active Users","length":50,"tagName":"p","attribs":{}},{"type":"text","content":"Year-over-Year Adjusted EBITDA Growth of 200%","length":45,"tagName":"p","attribs":{}},{"type":"text","content":"SAN JOSE, Calif., May 07, 2025--(BUSINESS WIRE)--Xperi Inc. (NYSE: XPER) (the "Company" or "Xperi"), an entertainment technology company that invents, develops, and delivers technologies that enable extraordinary experiences, today announced first quarter 2025 financial results for the period ended March 31, 2025.","length":335,"tagName":"p"},{"type":"text","content":""The first quarter marked the entry of the TiVo One ad platform into the North American market through updates to our video-over-broadband device footprint and the launch of Sharp TVs powered by TiVo," said Jon Kirchner, chief executive officer of Xperi. "We are very pleased with the expanded rollout and adoption of our monetization platform, driving our installed base to 2.5 million monthly active users primarily in Europe. Feedback on the products from our TV and broadband operator partners, as well as from end users, has been extremely positive. Through the rest of this year, we expect monetization to begin to build as users engage more through our platform and we gain more scale in certain territories."","length":736,"tagName":"p"},{"type":"text","content":"Mr. Kirchner continued, "Importantly, our profitability as measured by adjusted EBITDA rose over two hundred percent due to continued business transformation efforts, including savings from cost reductions and business divestitures. This performance is in line with our profitability and operating cash flow goals for the year."","length":338,"tagName":"p"},{"type":"text","content":"Financial Highlights","length":20,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"border-top:solid black 1.0pt;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;width:70%;","val":[{"type":"text","content":"GAAP Highlights ($ millions, except per share data)","length":51,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-top:solid black 1.0pt;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0...