Tessera Holding Corporation (XPER) Updates Q4 Earnings Guidance
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.
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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