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Tessera Technologies Announces Second Quarter 2015 Results

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SAN JOSE, Calif.--(BUSINESS WIRE)--Tessera Technologies, Inc. (NASDAQ: TSRA) (the “Company” or “we”) today announced financial results for the second quarter of 2015. Total revenue was $64.2 million, just above the Company’s guidance range of $62 to $64 million. Recurring revenue was $63.2 million, an increase of 77% compared with $35.8 million in the second quarter of 2014. GAAP net income for the second quarter of 2015 was $26.1 million, or $0.49 per diluted share, and non-GAAP net income was

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