Tessera Technologies (TSRA) Tops Q2 EPS by 1c
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Tessera Technologies Announces Second Quarter 2015 Results
August 3, 2015 4:05 PM EDT
Recurring revenue increases 77% year-over-year to $63.2 million
Earnings
per share of $0.49 significantly above guidance range of $0.37-$0.40
Company
repurchased $25 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 second quarter of 2015. Total revenue was $64.2 million, just above the Companys guidance range of $62 to $64 million. Recurring revenue was $63.2 million, an increase of 77% compared with $35.8 million in the second quarter of 2014. GAAP net income for the... More
