Tessera Technologies (TSRA) Misses Q4 EPS by 8c

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Go back to Tessera Technologies (TSRA) Misses Q4 EPS by 8c

Tessera Holding Corporation Announces Fourth Quarter and Full Year 2016 Results

February 22, 2017 4:05 PM EST

Company Announces New Name and Stock Ticker Symbol: Xperi Corporation (XPER)

SAN JOSE, Calif.--(BUSINESS WIRE)-- Tessera Holding Corp. (Nasdaq: TSRA) (the Company or we) today announced financial results for the fourth quarter and full year ending December 31, 2016. Total revenue for the fourth quarter of 2016 was $70.1 million. GAAP net loss for the fourth quarter of 2016 was $9.3 million, or $0.19 per basic share, and non-GAAP net income was $23.3 million, or $0.45 per diluted share.

2016 was a transformational year with the combination of Tessera and DTS, which today we are excited... More