(TSRA) Tessera Technologies Beats the Analyst Consensus
Tessera Technologies, Inc. (TSRA) reported first quarter earnings that beat the Zacks Consensus estimate by 16 cents, or 50.0%. Despite a significant revenue decline, Tessera beat the Zacks Consensus due to lower-than-expected expenses and a much lower tax rate. Revenue Tessera’s reported revenue of $67.8 million was down 15.8% sequentially and up 5.5% year over [...] (TSRA) Tessera Technologies Beats the Analyst Consensus
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