Tessera Holding Corporation (NASDAQ:XPER) updated its fourth quarter earnings guidance on Thursday. The company provided earnings per share guidance of $0.29-0.78 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.64. The company issued revenue guidance of $83-138 million, compared to the consensus revenue estimate of $118.68 million.

Separately, Zacks Investment Research raised Tessera Holding Corporation from a strong sell rating to a hold rating in a research report on Thursday, September 28th.

COPYRIGHT VIOLATION WARNING: This story was originally published by American Banking News and is the property of of American Banking News. If you are reading this story on another publication, it was stolen and republished in violation of U.S. and international copyright & trademark laws. The correct version of this story can be read at https://www.americanbankingnews.com/2017/11/02/tessera-holding-corporation-xper-updates-q4-earnings-guidance.html.

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.

Receive News & Ratings for Tessera Holding Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tessera Holding Corporation and related companies with MarketBeat.com's FREE daily email newsletter.