Xperi Inc. (XPER) Q3 2024 Earnings Call Transcript Summary
Xperi Inc. (XPER) Q3 2024 Earnings Call Transcript Summary
Adjusted EBITDA was $31.4 million or 24% of revenue, more than tripling from the prior year quarter.The following is a summary of the Xperi Inc. (XPER) Q3 2024 Earnings Call Transcript:
以下是Xperi公司（XPER）2024年第三季度業績會議呼叫交易摘要：
Financial Performance:
財務表現:
Xperi reported Q3 revenue of $133 million, up 2% from the previous year, and 6% when adjusting for the AutoSense divestiture.
Non-GAAP adjusted operating expenses declined 18% or $18 million from the prior year, primarily due to ongoing cost optimization efforts and the AutoSense divestiture.
Adjusted EBITDA was $31.4 million or 24% of revenue, more than tripling from the prior year quarter.
Xperi報告第三季度營業收入爲13300萬美元，較去年同期增長2％，調整AutoSense出售後增長6％。
非GAAP調整後的營業費用從上一年下降了18％，或1800萬美元，主要是由於持續的成本優化工作和AutoSense出售。
調整後的EBITDA爲3140萬美元，佔營收的24％，較上一年同期增長三倍多。
Business Progress:
業務進展：
Xperi is focusing on connected TV advertising, in-cabin entertainment, and TiVo video over broadband as key growth areas.
Their goal is to achieve 20 million monetizable endpoints by 2025, with expectations of generating nearly $200 million of incremental revenue in 2026 relative to 2023.
Recent divestitures of AutoSense and Perceive have allowed for a sharper strategic focus and increased profitability.
Notable achievements in Q3 include progress with the TiVo OS Smart TVs, despite some partner delays.
Xperi正專注於聯網電視廣告、車內娛樂和TiVo視頻通過寬帶作爲主要增長領域。
他們的目標是到2025年實現2000萬個可貨幣化的端點，並預計2026年的增值收入與2023年相比將達到近20000萬美元。
最近的AutoSense和Perceive剝離使得戰略聚焦更加明確，利潤增加。
Q3的顯著成就包括tivo OS智能電視方面的進展，儘管存在一些合作伙伴的延遲。
Opportunities:
機會：
Positive effects from divestitures and strategic focus on media platforms and licensing are expected to drive profitability and long-term growth.
Connected TV advertising, in-cabin entertainment, and TiVo video over broadband are seen as major future revenue sources as these markets are projected to double over the next five to seven years.
來自剝離和對媒體平台和授權的戰略聚焦的積極影響預計將推動盈利能力和長期增長。
連接電視廣告、車內娛樂和tivo寬帶視頻被視爲未來主要的營業收入來源，這些市場預計在未來五到七年內將翻倍增長。
Risks:
風險：
Partner delays and mixed macro environment impacted business, particularly in the timing of rollouts for TiVo OS Smart TVs.
There are emerging signs of market weakness in the connected car sector which may impact per unit HD Radio business.
合作伙伴的延遲和宏觀環境的波動影響了業務，特別是對於tivo OS智能電視的推出時間。
汽車娛樂板塊出現市場疲軟的跡象，可能會影響每單位HD Radio業務。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
