Xperi Snags Fourth Smart TV OEM Customer for Tivo OS

Xperi reported Q3 revenue of $130 million, up 7% YoY. Net loss was $41 million. Fourth undisclosed TV OEM partner to integrate TiVo OS in European smart TVs in 2024; pay TV segment revenue up 3%; connected car platform deployed in BMW 5-Series cars. Revenue from smart TVs and ad-supported streaming up 52%; AutoStage Video service integrated with two aftermarket providers. US market plans hinted.

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