XPER: Streaming Free Cash Flow
Equity Bottom-Up161 Views, 13 May 2022 00:34
BWS has highlighted this Insight as a Top Pick EXECUTIVE SUMMARY
- XPER reported first quarter results setting the path for the Company to generate approximately $200 million in free cash flow in 2022
- The outperformance on the revenue line resulted in XPER exceeding our non-GAAP net income and EPS estimates
- During the first quarter of 2022, XPER renewed a license with a virtual multichannel video programming distributor (“MVPD”)