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XPERI . NEWS RELEASE Xperi Holding Corporation Announces Third Quarter 2021 Results 11/8/2021 SAN JOSE , Calif .-- ( BUSINESS WIRE ) -- Xperi Holding Corporation ( Nasdaq : XPER ) ( the " Company " , " Xperi " or " we " ) today announced financial results for the third quarter ended September 30 , 2021 . " We finished the third quarter with better - than - expected revenue , cash flow , and earnings , and we remain on track to deliver strong financial results for the year , despite seeing an increased impact from general supply chain constraints , " said Jon Kirchner , chief executive officer of Xperi . " Importantly , we've made significant progress driving growth in our IP business , as well as advancing DTS AutoStage and DTS AutoSense deployments , increasing IPTV adoption , and expanding the TiVo Stream platform . " Third Quarter 2021 Financial Highlights : Revenue of $ 219.4 million , up 8.2 % year - over - year . GAAP loss per share of $ ( 0.43 ) and non - GAAP earnings per share of $ 0.53 . • Cash Flow from Operations of $ 82.9 million . Adjusted Free Cash Flow1 of $ 87.7 million . ● Repurchased $ 24.8 million of common stock . Third Quarter 2021 Business and Recent Operating Highlights : ● ● ● IP Licensing Business ( Revenue : $ 101.6 million ) • Continued to demonstrate the long - term stability and significant profitability of the media IP business . • Signed a license with Yangtze Memory Technologies Co. , Ltd. ( YMTC ) , the first company to ship commercial 3D NAND product that incorporates hybrid bonding . Product Business ( Revenue : $ 117.7 million ) 1