Xperi Inc. (NYSE:XPER) Q3 2022 Results Conference Call November 8, 2022 5:00 PM ET
Company Participants
Jill Koval - Arbor Advisory Group
Jon Kirchner - CEO
Robert Andersen - CFO
Conference Call Participants
Nick Zangler - Stephens
Matthew Galinko - Maxim Group
Richard Shannon - Craig-Hallum
Operator
Good day, everyone. Thank you for standing by. Welcome to Xperi Third Quarter 2022 Earnings Conference Call. [Operator Instructions].
I would now like to turn the call over to Jill Koval for Xperi. Jill, please go ahead.
Jill Koval
Good afternoon, and thank you for joining us as Xperi reports its third quarter 2022 financial results. With me on the call today are Jon Kirchner, Chief Executive Officer; and Robert Andersen, Chief Financial Officer. In addition to today's earnings release, there is an earnings presentation, which you can access along with the webcast on our Investor Relations website at investor.xperi.com.
Before we begin, I would like to provide a few reminders. First, I would like to note that our third quarter earnings results are being presented on a carve out basis to reflect Xperi Inc's financial results for the quarter prior to our separation on October 1, 2022 from Xperi Holding Corporation, which is now known as Adeia, Inc. Second, today's discussion contains forward-looking statements that are predictions, projections, or other statements about future events, which are based on management's current expectations and beliefs, and therefore subject to risks, uncertainties, and changes in circumstances.
For more information on the risks and uncertainties that could cause our actual results to differ materially from what we discussed today, please refer to the risk factors section in our SEC filings, including a registration statement on Form 10. Please note that the company does not intend to update or alter these forward-looking statements to reflect events or circumstances arising after this call.
Third, we refer to certain non-GAAP financial measures, which exclude one time or ongoing noncash acquired intangible amortization charges, costs related to actual or planned business combinations, including transaction fees, integration costs, headroom, facility closures and retention bonuses. Separation costs, stock-based compensation, impairment of goodwill, the impact of certain unrealized foreign currency adjustments, and related tax effects. We have provided reconciliations of these non-GAAP measures to the most directly comparable GAAP measures in the earnings release and on the Investor Relations section of our website. The recording of this conference call will also be available on our website.