Tessera Technologies (TSRA) Tops Q1 EPS by 3c

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Go back to Tessera Technologies (TSRA) Tops Q1 EPS by 3c

Tessera Technologies Announces First Quarter 2016 Results

May 2, 2016 4:05 PM EDT

Revenue of $60 million exceeds top end of guidance range

FotoNation achieves record quarterly revenue

Repurchased 1.3 million shares 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, 2016. Total revenue for the first quarter of 2016 was $60.0 million, above the Companys guidance range of $55 million to $59 million. GAAP net income for the first quarter of 2016 was $18.1 million, or $0.36 per diluted share, and... More