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Last $33.20 USD
Change Today -0.26 / -0.78%
Volume 444.0K
TSRA On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

tessera technologies inc (TSRA) Snapshot

Open
$33.07
Previous Close
$33.46
Day High
$33.60
Day Low
$32.83
52 Week High
03/23/15 - $43.71
52 Week Low
10/15/14 - $24.84
Market Cap
1.7B
Average Volume 10 Days
552.6K
EPS TTM
$3.81
Shares Outstanding
52.1M
EX-Date
08/26/15
P/E TM
8.7x
Dividend
$0.80
Dividend Yield
2.11%
Current Stock Chart for TESSERA TECHNOLOGIES INC (TSRA)

tessera technologies inc (TSRA) Related Businessweek News

No Related Businessweek News Found

tessera technologies inc (TSRA) Details

Tessera Technologies Inc. develops and licenses miniaturization technologies for chip-scale, multichip, and wafer-level packaging, which enables companies to produce chips for digital audio players, digital cameras, personal computers, personal digital assistants, video game consoles, and mobile phones. The 17-year-old company also manufactures wafer optics in small volumes. Its related services run from engineering (such as customized package design, modeling, simulation, failure analysis, and reliability testing) to assembly (training and consulting to help semiconductor assemblers keep assembly lines up to date) and infrastructure (evaluation, qualification, cost reduction, and cost analysis for companies that supply equipment and materials to chipmakers). Customers include chipmakers and assemblers, system manufacturers, electronic manufacturing service companies, and government agencies and their contractors. Tessera is based in San Jose, Calif.

203 Employees
Last Reported Date: 02/25/15
Founded in 1990

tessera technologies inc (TSRA) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $500.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $311.0K
President of Invensas Corp.
Total Annual Compensation: $293.2K
Compensation as of Fiscal Year 2014.

tessera technologies inc (TSRA) Key Developments

Tessera Technologies Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015; Reiterates Revenue Guidance for the Year 2015

Tessera Technologies announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, total revenue was $64.2 million in the second quarter of 2015, a 72% increase compared with revenue of $37.2 million in the second quarter of 2014. The $27.0 million increase was primarily due to new license and settlement agreements that have been signed in the last year and a half. Net income was $26.1 million, or $0.49 per diluted share, compared with net income for the second quarter of 2014 of $3.8 million, or $0.07 per diluted share. Non-GAAP net income for the second quarter of 2015 was $31.5 million, or $0.58 per diluted share, compared with non-GAAP net income in the second quarter of 2014 of $10.2 million, or $0.19 per diluted share. Non-GAAP net income from continuing operations was $31,466,000 or $0.58 per diluted share against $10,213,000 or $0.19 per diluted share a year ago. Operating income from continuing operations was $36,827,000 against $960,000 a year ago. Income before income taxes from continuing operations was $37,597,000 against $1,392,000 a year ago. Income from continuing operations was $25,769,000 or $0.49 per basic and diluted share against $2,516,000 or $0.05 per basic and diluted share a year ago. For the six months, the company's total revenues were $144,038,000 against $125,549,000 a year ago. Operating income from continuing operations was $88,971,000 against $56,741,000 a year ago. Income before income taxes from continuing operations was $90,389,000 against $57,503,000 a year ago. Income from continuing operations was $61,337,000 or $1.15 per diluted share against $35,941,000 or $0.67 per diluted share a year ago. Net income was $61,706,000 or $1.16 per diluted share against $24,669,000 or $0.46 per diluted share a year ago. Non-GAAP net income from continuing operations was $71,899,000 or $1.33 per diluted share against $51,784,000 or $0.95 per diluted share a year ago. For the third quarter of 2015, the company expects revenue to be between $64 million and $66 million, GAAP earnings per share of between $0.46 and $0.48 per share and non-GAAP earnings per share of between $0.55 and $0.57 per share. The company is also reiterating its baseline guidance of $235 million in recurring revenue for 2015.

Tessera Technologies Inc. Announces Quarterly Dividend, Payable on September 18, 2015

Tessera Technologies Inc. approved regular quarterly dividend of $0.20 per share of common stock, payable on September 18, 2015 to shareholders of record on August 28, 2015.

Tessera Technologies Inc. to Report Q2, 2015 Results on Aug 03, 2015

Tessera Technologies Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Aug 03, 2015

 

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Industry Analysis

TSRA

Industry Average

Valuation TSRA Industry Range
Price/Earnings 8.9x
Price/Sales 5.9x
Price/Book 3.2x
Price/Cash Flow 8.4x
TEV/Sales 4.4x
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