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Stock Market & Financial Investment News

News Breaks
December 5, 2011
07:10 EDTTSRA
theflyonthewall.com: Tessera sees Q4 revenue $56.5M vs. consensus $56.27M
Fourth quarter 2011 Micro-electronics revenues, which come entirely from Tessera, Inc., a wholly owned subsidiary of the company, are expected to be approximately $48.5M. As a comparison, third quarter 2011 royalties and license fees were $50.3M and fourth quarter 2010 royalties and license fees were $71.2M. Apart from one-time items and the impact of volume pricing adjustments Tessera, Inc. has with two of its major DRAM manufacturer licensees, fourth quarter 2011 Micro-electronics revenues are expected to be up approximately $3.0M sequentially and down approximately $6.0M as compared to the fourth quarter of 2010. :theflyonthewall.com



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