The company that is the parent of TiVo, HD Radio and DTS AutoStage will formally release its Q2 2025 results on August 6. Yet, Xperi Corp. on Monday offered investors and financial analysts an “outlook update” along with its preliminary Q2 2025 results.
Shareholders responded by driving the company’s NYSE-traded stock to a new year-to-date low.
Among the key issues likely spooking “XPER” shareholders is the declaration that it is lowering its annual outlook due to “macroeconomic uncertainty” — a phrase all-too familiar to radio industry C-Suite executives.
“We made significant progress in the quarter toward our strategic growth initiatives,” Xperi Corp. CEO Jon Kirchner said. “However, as the quarter progressed, the changing macroeconomic environment created increased uncertainty for our customers, ultimately impacting our financial results for the quarter. In light of this market backdrop, we are updating our full year financial outlook.”
What does that change mean for Xperi?
Approximately $40 million less in FY 2025 revenue is anticipated:
|
Prior Outlook |
Updated Outlook |
|||
|
Category |
GAAP Outlook |
Non-GAAP Outlook |
GAAP Outlook |
Non-GAAP Outlook |
|
Revenue |
$480M to $500M |
$480M to $500M |
$440M to $460M |
$440M to $460M |
|
Adjusted EBITDA Margin1, 2 |
n/a |
16% to 18% |
n/a |
15% to 17% |
Meanwhile, the preliminary Q2 2025 results reflect a revenue loss, both on GAAP and non-GAAP measures.
For Kirchner, Xperi remains focused on its growth initiatives and continues to demonstrate progress on our longer-term growth goals. “Notably, we surpassed 3.7 million TiVo One Monthly Active Users, three million global IPTV subscriber households, and 12 million vehicles on the DTS AutoStage platform,” he said.
These revelations effectively torpedoed “XPER,” sending it down 15.8% to $6.35 per share as of Noon Eastern on Tuesday. By 3:22pm Eastern, Xperi stock was at $6.43.
That puts Xperi shares at their lowest value of 2025 and down 38.2% since the start of the year, when “XPER” was a mid-$10 valuation.
