04.08.2014 23:04:57
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Tessera Technologies Posts Q2 Profit - Quick Facts
(RTTNews) - Tessera Technologies Inc. (TSRA) Monday reported second-quarter profit of $3.8 million or $0.07 per share, compared to a loss of $15.81 million or $0.30 per share in the same period last year.
Adjusted earnings for the quarter were $10.2 million or $0.19 per share for the quarter.
Revenues decreased to $37.2 million from $46.6 million last year.
Looking ahead, the company has forecast full-year recurring revenues of approximately $140 million, with third-quarter revenues in the order of $92 million to $94 million.
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