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Xperi Holding Boosts FY22 Revenues Outlook

RTTNews | 1163 dias atrás

Xperi Holding Boosts FY22 Revenues Outlook

(RTTNews) - Xperi Holding Corp. (XPER) announced Thursday a $10 million increase in both its annual revenue and operating cash flow guidance for 2022, primarily due to a recently resolved contract dispute with a customer.

For fiscal 2022, the company now projects revenue in a range of $920 million to $960 million, up from the prior guidance range between $920 million and $950 million. Operating cash flow is now seen between $210 million and $240 million, up from the prior guidance range between $200 million and $230 million.

On average, analysts polled by Thomson Reuters expect the company to report revenues of $927.75 million for the year.

The Company's FotoNation subsidiary filed a request for arbitration in January 2020 against a large mobile imaging customer for breach of contract. In settling the arbitration, Xperi entered into an agreement that resolves all outstanding disputes, provides an upfront payment to Xperi for past licensing fees and requires additional license fees and payments to Xperi over the next few years.

Marcadores : XPER

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Xperi Holding Acquires Vewd Software For $109 Mln In Cash And Debt

Xperi Holding Acquires Vewd Software For $109 Mln In Cash And Debt

Xperi Holding Corp. (XPER) announced Tuesday that it has acquired Vewd Software Holdings Ltd. for $109 million through a mixture of cash and debt.

RTTNews | 1151 dias atrás

U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | 30 minutos atrás

German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | 1h 0min atrás

U.S. PCE Price Index Increased In Line With Estimates In July

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | 1h 12min atrás

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | 1h 28min atrás

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | 2h 6min atrás

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 2h 14min atrás

FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 2h 46min atrás

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