Xperi Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 130.39 million compared to USD 121.64 million a year ago. Net loss was USD 41.43 million compared to USD 400.8 million a year ago. Basic loss per share from continuing operations was USD 0.96 compared to USD 9.54 a year ago.
For the nine months, sales was USD 384.1 million compared to USD 366.73 million a year ago. Net loss was USD 111.82 million compared to USD 460.45 million a year ago. Basic loss per share from continuing operations was USD 2.61 compared to USD 10.96 a year ago.