Xperi Inc. (XPER) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.013 Good day, everyone. Thank you for standing by. 00:00:02.013 -- 00:00:07.659 Welcome to the Xperia first quarter 2026 earnings conference call. 00:00:07.659 -- 00:00:11.503 During today's presentation, all parties will be in a listen-only mode. 00:00:11.503 -- 00:00:15.027 Following the presentation, the call will be open for questions. 00:00:15.027 -- 00:00:19.391 I would now like to turn the call over to Sam Levinson from Arbor Advisory Group. 00:00:19.391 -- 00:00:21.674 Sam, please go ahead. 00:00:21.674 -- 00:00:25.598 Thank you, Abby. Good afternoon. Thank you for joining us as Xperia reports its first 00:00:25.598 -- 00:00:30.957 quarter 2026 financial results. With me in today's call are John Kirshner, Chief Executive 00:00:30.957 -- 00:00:34.823 Officer, and Robert Anderson, Chief Financial Officer. 00:00:34.823 -- 00:00:38.589 In addition to today's earnings release, there's an earnings presentation on our investor 00:00:38.589 -- 00:00:41.991 relations website at expiry.investor.expiry.com. 00:00:43.857 -- 00:00:48.444 We encourage you to download the presentation and follow along with today's commentary. 00:00:48.444 -- 00:00:51.669 Before we begin, I would like to provide a few reminders. 00:00:51.669 -- 00:00:55.755 First, I'd like to note that unless otherwise stated, all comparisons are to the same 00:00:55.755 -- 00:01:00.930 period in the prior year. Second, today's discussion contains forward-looking statements 00:01:00.930 -- 00:01:05.858 about our anticipated business and financial performance that are predictions, projections, 00:01:05.858 -- 00:01:09.844 or other statements about future events, which are based on management's current expectations 00:01:09.844 -- 00:01:15.713 and beliefs, and therefore subject ...