The second quarter financial results of Xperi (NYSE: XPER) will be revealed on Monday 5th August 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.
the organization is expected to report an estimated per share $0.03 loss for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $121.65 million during this period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share loss of $0.09. This numbers can be credited to the company’s total revenue, which amounted to an impressive $126.9 million during the same quarter.
Wall Street analysts have offered their forecasts for the company’s yearly performance, predicting a total revenue of $512.74 million. At the same time, they are expecting the company to achieve per share profit of $0.49 for the fiscal year ahead.
XPER will host a conference call with investment community on 5th August 2024 at 05:00 PM eastern time to discuss the financial results.
Xperi (XPER) closed Friday’s regular trading session at $7.49, marking a 5.31 percent decrease, with a volume of 441.70 thousand shares.
