How did Xperi's revenue and expenses trend in Q4 2024?

Xperi's revenue and expenses in Q4 2024 showed a business-focused trend, with a significant revenue stream from the Pay-TV segment and substantial operating expenses that were closely managed.

1. **Revenue Trend**: Xperi's revenue for Q4 2024 was $259.71 million. This figure was supported by a strong Pay-TV segment, which contributed $199.23 million to the overall revenue. The Connected Car segment also made a notable contribution with $111.14 million, while the Consumer Electronics segment generated $81.99 million. The Media Platform segment contributed $40.84 million, and the Pay-TV segment again featured prominently with $49.86 million. The Connected Car segment and the Media Platform segment both reported $33.29 million and $30.59 million, respectively.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|XPER|XPER.N|Xperi|20240101-2024|Media Platform|4.0839E7|169|
|XPER|XPER.N|Xperi|20240101-2024|Media Platform|3.0589E7|169|
|XPER|XPER.N|Xperi|20240101-2024|Media Platform|2.1814E7|169|
|XPER|XPER.N|Xperi|20240101-2024|Media Platform|1.1562E7|169|
|XPER|XPER.N|Xperi|20240101-2024|Connected Car|2.4348E7|169|
|XPER|XPER.N|Xperi|20240101-2024|Consumer Electronics|2.6128E7|169|
|XPER|XPER.N|Xperi|20240101-2024|Pay-Tv|5.6806E7|169|
|XPER|XPER.N|Xperi|20240101-2024|Media Platform|1.1562E7|169|

|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Operating Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|---|
|XPER|XPER.N|Xperi|2024 Q1|7.0976E7|5.0439E7||-1.3371E7|169|
|XPER|XPER.N|Xperi|2024 Q2|6.7422E7|4.5123E7||-3.0631E7|169|
|XPER|XPER.N|Xperi|2024 Q3|7.0335E7|5.3627E7||-1.9831E7|169|
|XPER|XPER.N|Xperi|2024 Q4|6.5387E7|4.2163E7||6.2964E7|169|

2. **Expense Management**: Xperi's net income for the quarter was $62.96 million. The company managed its operating expenses carefully, with the highest being $42.16 million. Research and Development (R&D) expenses were reported at $65.39 million, which was slightly higher than the net income. Selling, General, and Administrative (SG&A) expenses were also significant at $65.39 million.
3. **Segment Insights**: The Pay-TV segment was the most revenue-generating, with a revenue of $259.71 million. The Connected Car segment followed closely with $199.23 million, and the Consumer Electronics segment contributed $111.14 million. The Media Platform and Connected Car segments had similar contributions, with $40.84 million and $33.29 million, respectively. The Pay-TV segment again featured prominently with $49.86 million, and the Consumer Electronics segment reported $81.99 million.
4. **Financial Focus**: Xperi's focus on managing expenses is evident, with R&D and SG&A expenses being key areas of investment. The company's ability to generate revenue across multiple segments highlights its diversified business model, which is crucial for sustained growth and profitability.

In conclusion, Xperi's Q4 2024 financials reflect a company that is effectively managing its revenue streams while closely monitoring expenses, particularly in R&D and SG&A. The Pay-TV segment's dominance in revenue is complemented by strong contributions from other segments, indicating a robust and diversified business model.