SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Xperi Inc. (XPER) on Wednesday reported profit of $46.2 million in its fourth quarter.
On a per-share basis, the San Jose, California-based company said it had profit of $1.02. Earnings, adjusted for one-time gains and costs, were 39 cents per share.
The media software company posted revenue of $122.4 million in the period.
For the year, the company reported a loss of $14 million, or 31 cents per share. Revenue was reported as $493.7 million.
Xperi expects full-year revenue in the range of $480 million to $500 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XPER at https://www.zacks.com/ap/XPER
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