AP NEWS

Xperi: 3Q Earnings Snapshot

November 7, 2019 GMT

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.

_____

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