• Xperi Inc XPER.N reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of five analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 8 cents to 20 cents per share.

• Revenue rose 0.2% to $114.21 million from a year ago; analysts expected $107.89 million.

• Xperi Inc's reported EPS for the quarter was a loss of 17 cents​.

• The company reported a quarterly loss of $7.83 million.

• Xperi Inc shares had risen by 23.9% this quarter and gained 18.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 18.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Xperi Inc is $12.00, about 42.5% above its last closing price of $6.90

This summary was machine generated from LSEG data May 6 at 11:11 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)