Xperi Inc (NYSE:XPER)
$ 9.27 -0.03 (-0.32%) Market Cap: 415.58 Mil Enterprise Value: 429.25 Mil PE Ratio: 0 PB Ratio: 1.10 GF Score: 20/100

Q4 2022 Xperi Inc Earnings Call Transcript

Feb 21, 2023 / 10:00PM GMT
Release Date Price: $10.17 (-0.88%)
Operator

Good day, everyone. Thank you for standing by. Welcome to the Xperi fourth-quarter and full-year 2022 earnings conference call. (Operator Instructions)

I would now like to turn the call over to Mike Iburg, Xperi's Head of Investor Relations. Mike, please go ahead.

Mike Iburg
Xperi Inc - Head of IR

Good afternoon, and thank you for joining us as Xperi reports its fourth-quarter and full-year 2022 financial results. With me on today's call are Jon Kirchner, Chief Executive Officer; and Robert Andersen, Chief Financial Officer.

In addition to today's earnings release, there is an earnings presentation, which can be accessed along with this webcast on our Investor Relations website at investor.xperi.com.

Before we begin, I would like to provide a few reminders. First, I would like to note that our full-year 2022 financial results include results presented on a carve-out basis for the periods prior to Xperi's separation from Xperi Holding Corporation on October 1, 2022. Xperi Holding Corporation is now known as Adeia.

Second,

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