- Xperi is hobbled by a host of issues which are mostly temporary, like revenue recognition, delays, litigation cost, acquisition cost, and the impact of a new accounting standard.
- Given its business model (IP and product licensing), similar issues are likely to come up from time to time, muddying the picture.
- But once investors focus on the right metric, which is free cash flow, the picture brightens substantially and the shares are actually fairly cheap.
Xperi Suffers From Temporary Setbacks, But The Shares Are Cheap
January 9th, 2018 · No Comments