Xperi: 2Q Earnings Snapshot

SAN JOSE, Calif. (AP) _ Xperi Corp. (XPER) on Monday reported a loss of $ 22.6 million in its second quarter.

On a per-share basis, the San Jose, California-based company said it had a loss of 33 cents. Earnings, adjusted for one-time gains and costs, were 57 cents per share.

The provider of chip technology for small electronic devices posted revenue of $ 137.6 million in the period. Its adjusted revenue was $ 93.4 million.

Xperi shares have declined 9% since the beginning of the year. In the final minutes of trading on Monday, shares hit $ 16.82, a decline of 19% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XPER at https://www.zacks.com/ap/XPER

Let’s block ads! (Why?)

Yahoo News – Latest News & Headlines

Leave a Reply

Your email address will not be published. Required fields are marked *

WP2Social Auto Publish Powered By : XYZScripts.com
Read previous post:
The President’s moves over coronavirus relief come with strings attached. Here’s what you should know.

But a close read of the actual text of executive actions he signed Saturday suggests that even if they are

Close