Tessera Technologies (TSRA) Tops Q1 EPS by 7c

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Go back to Tessera Technologies (TSRA) Tops Q1 EPS by 7c

Tessera Technologies Announces First Quarter 2015 Results

May 5, 2015 4:07 PM EDT

Total revenue of $79.9 million with recurring revenue growing 122% year-over-year
Repurchased $29.0 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 first quarter ending March 31, 2015. Total revenue from continuing operations for the first quarter of 2015 was $79.9 million, at the high end of the Company's guidance range of $78.0 to $80.0 million. GAAP net income for the first quarter of 2015 was $35.6 million, or $0.66 per diluted share. Non-GAAP net income for the... More