05:08 AM EDT, 07/29/2025 (MT Newswires) -- Xperi ( XPER ) shares were down almost 19% in recent premarket activity Tuesday after the company said it expects Q2 non-GAAP earnings of $0.11 per share, compared with $0.12 a year earlier.

Three analysts polled by FactSet expected $0.13.

Preliminary revenue for the quarter ended June 30 stood at $105.9 million, down from $119.6 million a year earlier.

Four analysts polled by FactSet expected $115.9 million.

The company lowered its 2025 revenue outlook to between $440 million and $460 million, from the previous range of $480 million to $500 million.

Xperi ( XPER ) is set to release its Q2 results on Aug. 6.

Price: 6.11, Change: -1.43, Percent Change: -18.97