Broker Center sponsored links

CORRECTED-BRIEF-Tessera gives Q4 revenue outlook

Mon Dec 1, 2008 5:12pm EST
 
[-] Text [+]

(Corrects headline to clarify that the outlook was given by Tessera, not ITC)

Dec 1 (Reuters) - Tessera Technologies (TSRA.O): * ITC issues initial determination in Tessera's wireless ITC action * Sees Q4 2008 revenue $67 million to $69 million * Cites stronger than expected royalty revenue from certain existing customers and an option fee * Says itc issued initial determination finding co's asserted patents are valid but not infringed by the respondents * Reuters Estimates Q4 revenue view $61.04 million ((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Bernard Madoff (R), who confessed to defrauding investors of 50 billion dollars, arrives home after a hearing at Federal Court, in New York, January 5, 2009. REUTERS/Chip East
Why did the SEC fail in Madoff case?

The SEC needs to adopt a “where there is smoke there is fire” approach. It must become risk focused in the scope and frequency of its monitoring and surveillance operations.   Commentary 

The global destination for corporate leaders, deal-makers and innovators