Tessera Holding Corporation (XPER) Scheduled to Post Earnings on Thursday
Tessera Holding Corporation (NASDAQ:XPER) is scheduled to be releasing its earnings data after the market closes on Thursday, November 2nd. Analysts expect Tessera Holding Corporation to post earnings of $0.36 per share for the quarter.
Tessera Holding Corporation (NASDAQ:XPER) last announced its quarterly earnings results on Thursday, July 27th. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.07. Tessera Holding Corporation had a positive return on equity of 11.06% and a negative net margin of 12.22%. The business had revenue of $91.32 million during the quarter, compared to the consensus estimate of $90.33 million. During the same quarter in the prior year, the company posted $0.60 earnings per share. Tessera Holding Corporation’s revenue was up 36.3% compared to the same quarter last year. On average, analysts expect Tessera Holding Corporation to post $1.29 EPS for the current fiscal year and $2.58 EPS for the next fiscal year.
Shares of Tessera Holding Corporation (NASDAQ XPER) opened at 22.15 on Thursday. The company’s market cap is $1.10 billion. Tessera Holding Corporation has a one year low of $21.30 and a one year high of $45.95. The company’s 50-day moving average price is $24.79 and its 200 day moving average price is $28.96.
Separately, Zacks Investment Research lowered Tessera Holding Corporation from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 1st.
About Tessera Holding Corporation
Tessera Holding Corporation is a product and technology licensing company. The Company’s technologies and intellectual property are deployed, in areas, such as audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, three dimensional (3D) semiconductor interconnect and packaging.
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