Strong execution on monetization strategy with 45% Media Platform revenue growth, more than doubled TiVo One MAUs to 5.5 million, 45% AutoStage footprint expansion, improved adjusted EBITDA margins (22% vs 14% prior year), and reaffirmed full-year guidance. Management demonstrated confidence in reaching 7M+ users and doubling Media Platform revenue to $80M+. Earlier-than-planned contract signings indicate strong customer demand and momentum.
Through its TiVo Ads subsidiary, Xperi enhances its CTV advertising offering by integrating best-in-class analytics and audience intelligence, enabling more powerful data-driven solutions for brands and agencies, which should increase the value and effectiveness of their advertising platform.
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