Xperi: 3Q Earnings Snapshot
SAN JOSE, Calif. (AP) _ Xperi Corp. (XPER) on Wednesday reported a loss of $15.6 million in its third quarter.
On a per-share basis, the San Jose, California-based company said it had a loss of 32 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to 56 cents per share.
The provider of chip technology for small electronic devices posted revenue of $57.9 million in the period. Its adjusted revenue was $90.6 million.
Xperi shares have increased 13% since the beginning of the year. The stock has climbed 51% in the last 12 months.