4 Stocks to Buy as Services Sector Makes Solid Rebound [Yahoo! Finance]
Xperi Inc. (XPER)
Last xperi inc. earnings: 11/2 04:05 pm
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Source: Yahoo! Finance
The Institute for Supply Management reported on Jun 5 that its nonmanufacturing purchasing managers index jumped to 53.8 in May from 49.4 the month earlier. The expansion in services activity is the most in nearly three years, while the reading is the highest since August 2023. It was also above the consensus estimate of a reading of 50.8. The Business Activity Index climbed to 61.2% in May, 10.3% higher than the 50.9% recorded in April. This was also the maximum rise since March 2021 and the highest reading since November 2022. The New Orders Index rose to 54.1% in May, up 1.9% from April's reading of 52.2% and the 17th straight month increase after contracting in December 2022 for the first time since May 2020. The services sector contracted in April for the first time since December 2022 and has now expanded in 46 out of the past 48 months. The sector continued to grow despite rising prices and inflationary pressures. Consumers have curtailed spending on goods over the pa
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XPER
News
- Xperi Inc. (NASDAQ: XPER) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
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- Wall Street Analysts Think Xperi (XPER) Could Surge 109.73%: Read This Before Placing a Bet [Yahoo! Finance]Yahoo! Finance
XPER
Earnings
- 8/5/24 - Beat
XPER
Sec Filings
- 9/3/24 - Form 4
- 8/27/24 - Form 4
- 8/26/24 - Form 4
- XPER's page on the SEC website