Tessera Technologies (TSRA) Tops Q4 EPS by 6c, Offers Q1 & FY Guidance

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Go back to Tessera Technologies (TSRA) Tops Q4 EPS by 6c, Offers Q1 & FY Guidance

Tessera Technologies Announces Fourth Quarter and Full Year 2015 Results

February 2, 2016 4:05 PM EST

Full year recurring revenue of $242.3 million, up 62% from prior year
Second consecutive year with 59% GAAP operating margin
Share buyback authorization increased by $200 million

SAN JOSE, Calif.--(BUSINESS WIRE)-- Tessera Technologies, Inc. (NASDAQ: TSRA) (the Company or we) today announced financial results for the fourth quarter and full year ending December 31, 2015. Total revenue for the fourth quarter of 2015 was $61.8 million, at the high end of the Companys guidance range of $60 to $62 million. GAAP net income for the fourth quarter of 2015 was $22.8 million, or $0.44 per... More