It’s the parent of DTS AutoStage, TiVo and HD Radio, and in Q3 2022 saw a nearly $400 million operating loss. This year, there was revenue growth, and a loss that shrunk considerably year-over-year.
The biggest takeaway from Xperi Corp.? Adjusted EBITDA in Q3 2023 was positive, demonstrating that the company is making significant strides toward profitability.