Tessera Technologies Inc. (TSRA) announced after the bell Thursday that it expects to report fourth quarter revenues of $50.0 million and $53.0 million. The consensus estimate is for revenues of $73.49 million. The stock is now down 1.11 on 4K shares.
Tessera Technologies was range-bound throughout Thursday's session and closed down by 0.02 at $16.11. The stock finished at the lower end of a 2-week range.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.