Xperi Inc. (XPER) Q3 2025 Earnings Call

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WEBVTT 00:00:00.048 -- 00:00:03.751 Before we begin, I would like to provide a few reminders. 00:00:03.751 -- 00:00:08.336 First, I would like to note that unless otherwise stated, all comparisons are to the 00:00:08.336 -- 00:00:13.380 same period in the prior year. Second, today's discussion contains forward-looking 00:00:13.380 -- 00:00:18.345 statements about our anticipated business and financial performance that are predictions, 00:00:18.345 -- 00:00:22.929 projections, or other statements about future events, which are based on management's 00:00:22.929 -- 00:00:24.651 current expectations 00:00:24.651 -- 00:00:31.085 and beliefs, and therefore subject to risks, uncertainties, and changes in circumstances. 00:00:31.085 -- 00:00:35.109 For more information on the risks and uncertainties that could cause our actual results 00:00:35.109 -- 00:00:40.234 to differ materially from what we discussed today, please refer to the risk factors and 00:00:40.234 -- 00:00:45.920 MD&A sections in our SEC filings, including our most recent Form 10-K 00:00:45.920 -- 00:00:51.125 for the year ended December 31, 2024, and our Form 10-Q for the quarter ended 00:00:51.125 -- 00:00:53.167 September 30, 2025 00:00:53.167 -- 00:00:55.730 to be filed with the SEC. 00:00:55.730 -- 00:01:00.114 Please note the company does not intend to update or alter these forward-looking statements 00:01:00.114 -- 00:01:05.421 to reflect events or circumstances arising after this call. 00:01:05.421 -- 00:01:09.646 Third, we refer to certain non-GAAP financial measures which are detailed in the earnings 00:01:09.646 -- 00:01:15.193 release and accompanied by reconciliations that are most directly comparable GAAP measures, 00:01:15.193 -- 00:01:19.358 which can be found in the Investor Relations section...