Tessera Technologies (TSRA) Tops Q3 EPS by 9c
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Tessera Technologies Announces Third Quarter 2015 Results
November 3, 2015 4:05 PM ESTTotal revenue of $67.4 million, above the Companys guidance range
Raises 2015 recurring revenue estimate to $240 million
Repurchased $40.0 million of common stock during the quarter
SAN JOSE, Calif.--(BUSINESS WIRE)-- Tessera Technologies, Inc. (NASDAQ: TSRA) (the Company or we) today announced financial results for the third quarter of 2015. Total revenue was $67.4 million, above the Companys guidance range of $64 to $66 million. GAAP net income for the third quarter of 2015 was $32.5 million, or $0.62 per diluted share, and non-GAAP net income was $34.8 million, or $0.65 per diluted... More
