Xperi Holding (NASDAQ:XPER) reported its Q2 earnings results on Monday, August 8, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Xperi (NASDAQ:XPER) reported quarterly sales of $234.00 million which beat the analyst consensus estimate of $223.76 million by 4.58 percent. This is a 5.28 percent increase over sales of $222.27 million the same period
Stephens & Co. analyst Nicholas Zangler initiates coverage on Xperi Holding (NASDAQ:XPER) with a Equal-Weight rating and announces Price Target of $19.
Companies Reporting Before The Bell
• Atlantica Sustainable (NASDAQ:AY) is likely to report quarterly loss at $0.08 per share on revenue of $277.90 million.
During Tuesday, 581 stocks hit new 52-week lows.
Interesting Highlights From Today's 52-Week Lows
Meta Platforms (NASDAQ:FB) was the biggest company on a market cap basis to set a new 52-week low.
Xperi (NASDAQ:XPER) reported quarterly earnings of $0.30 per share which missed the analyst consensus estimate of $0.33 by 9.09 percent. This is a 82.14 percent decrease over earnings of $1.68 per share from the same