Thu, May 8, 8:21 PM (9 days ago)
**Xperi Inc. (XPER) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $114.033M (down 4% YoY from $118.844M) - **Operating Loss:** $16.440M (improved from $32.327M loss in Q1 2024) - **Net Loss:** $18.366M (wider than $13.371M loss in Q1 2024) - **Cash Flow:** Net cash used in operating activities was $22.258M (improved from $49.787M in Q1 2024) **Profit Margins:** - **Operating Margin:** -14.42% (improved from -27.21% in Q1 2024) - **Net Margin:** -16.09% (wider than -11.22% in Q1 2024) **Earnings Changes:** - **EPS:** -$0.41 (wider than -$0.29 in Q1 2024) **Quarterly Performance Discussion:** - Revenue decreased due to declines in Pay-TV, Media Platform, and Consumer Electronics, partially offset by an increase in Connected Car revenue. - Operating expenses decreased by 14%, driven by reductions in R&D, SG&A, and amortization expenses. - Net loss widened due to higher income tax expense and absence of gain on divestiture. **Trends & Uncertainties:** - Continued focus on entertainment-related products and services. - Uncertainties related to international sales, operations, and geopolitical factors. - Potential impact of tariffs and trade disputes on global supply chain and demand. **Future Operations Impact:** - Expects capital expenditures of approximately $20.0M in 2025. - Believes current cash and cash equivalents, together with borrowings under the AR Facility, will be sufficient to meet needs for at least the next 12 months. - May need to supplement cash and cash equivalents with additional outside sources for growth strategies.