Xperi Q2 2024 Adj. EPS $0.12 Beats $(0.03) Estimate, Sales $119.591M Miss $121.653M Estimate
Portfolio Pulse from Benzinga Newsdesk
Xperi (NYSE:XPER) reported Q2 2024 adjusted EPS of $0.12, significantly beating the analyst estimate of $(0.03). However, the company's sales of $119.591 million missed the $121.653 million estimate and were down 5.76% year-over-year.
August 05, 2024 | 8:25 pm
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Xperi's Q2 2024 adjusted EPS of $0.12 beat the analyst estimate of $(0.03), but sales of $119.591 million missed the $121.653 million estimate and were down 5.76% year-over-year.
The significant beat on EPS is likely to have a positive short-term impact on the stock price, despite the slight miss on sales and the year-over-year decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100