Xperi Inc. (XPER) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.392 Before we begin, I would like to provide a few reminders. 00:00:03.392 -- 00:00:07.593 First, I would like to note that unless otherwise stated, all comparisons are to the 00:00:07.593 -- 00:00:10.314 same period in the prior year. 00:00:10.314 -- 00:00:14.055 Second, today's discussion contains forward-looking statements about our anticipated 00:00:14.055 -- 00:00:19.016 business and financial performance that are predictions, projections, or other statements 00:00:19.016 -- 00:00:23.938 about future events which are based on management's current expectations and beliefs, 00:00:23.938 -- 00:00:28.853 and therefore subject to risks, uncertainties, and changes in circumstances. 00:00:28.853 -- 00:00:32.254 For more information on the risks and uncertainties that could cause our actual results 00:00:32.254 -- 00:00:36.876 to differ materially from what we discussed today, please refer to the risk factors and 00:00:36.876 -- 00:00:41.958 MD&A sections in our SEC filings, including our most recent Form 10-K for the 00:00:41.958 -- 00:00:44.409 year ended December 31, 2024. 00:00:45.400 -- 00:00:49.902 Please note, the company does not intend to update or alter these forward-looking statements 00:00:49.902 -- 00:00:54.625 to reflect events or circumstances arising after this call. 00:00:54.625 -- 00:00:58.766 Third, we refer to certain non-GAAP financial measures, which are detailed in the earnings 00:00:58.766 -- 00:01:03.188 release and accompanied by reconciliations that are most directly comparable of GAAP 00:01:03.188 -- 00:01:07.910 measures, which can be found in the investor relations section of our website. 00:01:07.910 -- 00:01:11.831 Last, a replay of this conference call will be available on our website shortly after 00:01:1...