Press Releases

June 23, 2022

Xperi Increases Annual Revenue and Cash Flow Guidance by $10 Million

SAN JOSE, Calif., Jun 23, 2022 (GLOBE NEWSWIRE) --

Xperi Holding Corporation (NASDAQ: XPER) (“Xperi” or the “Company”) today announced a $10 million increase in both its annual revenue and operating cash flow guidance for 2022. The increase is primarily due to a recently resolved contract dispute with a customer.

The updated guidance for revenue and operating cash flow for full year 2022 is as follows:

View full announcment on our IR Website ►

About Adeia Inc.

Adeia is a leading R&D and intellectual property (IP) licensing company that accelerates the adoption of innovative technologies in the media and semiconductor industries. Adeia’s fundamental innovations underpin technology solutions that are shaping and elevating the future of digital entertainment and electronics. Adeia’s IP portfolios power the connected devices that touch the lives of millions of people around the world every day as they live, work and play. For more, please visit www.adeia.com.

For Information Contact:

Investor Relations
Chris Chaney
[email protected]

Media Relations
Anna Enerio
[email protected]

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