Xperi Inc. reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was USD 122.36 million compared to USD 137.23 million a year ago. Net income was USD 46.22 million compared to net loss of USD 24.79 million a year ago. Basic earnings per share from continuing operations was USD 1.03 compared to basic loss per share from continuing operations of USD 0.57 a year ago. Diluted earnings per share from continuing operations was USD 1.02 compared to diluted loss per share from continuing operations of USD 0.57 a year ago.
For the full year, sales was USD 493.69 million compared to USD 521.33 million a year ago. Net loss was USD 14.01 million compared to USD 136.61 million a year ago. Basic loss per share from continuing operations was USD 0.31 compared to USD 3.18 a year ago. Diluted loss per share from continuing operations was USD 0.31 compared to USD 3.18 a year ago.