Xperi Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 132.89 million compared to USD 130.39 million a year ago. Net loss was USD 16.81 million compared to USD 41.43 million a year ago. Basic loss per share from continuing operations was USD 0.37 compared to USD 0.96 a year ago.
For the nine months, sales was USD 371.33 million compared to USD 384.1 million a year ago. Net loss was USD 60.22 million compared to USD 111.82 million a year ago. Basic loss per share from continuing operations was USD 1.33 compared to USD 2.61 a year ago.