When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Shares of Xperi (NASDAQ: XPER) have skyrocketed today, up by 21% as of 12:40 p.m. EST, after the company reported fourth-quarter earnings results. TiVo (NASDAQ: TIVO), which Xperi is preparing to merge with, also reported earnings.
Q4 billings came in at $126.7 million, while operating expenses were $95.4 million. Operating cash flow was $65 million, and Xperi finished the quarter with $121.5 million in cash, cash equivalents, and short-term investments. Xperi paid down $50 million in debt during the period, reducing debt by $150 million throughout 2019.