Tessera Technologies, Inc ( ) is scheduled to report Q2 earnings on Tuesday, August 4, 2009.

Tessera Technologies, Inc., reports revenues under two segments - micro-electronics solutions, and imaging and optics solutions. Tessera recognizes revenue one quarter in arrears. In the quarter ending March 2009, the company reported earnings per share of $0.82 better than the analysts’ consensus estimate of $0.715. The company’s first quarter 2009 total revenues ($114.6 million) exceeded expectations, despite nonpayment from one of its major customers, Qimonda. In the first quarter, Micro-electronics Royalty and License Fees revenue was $106.6 million, and included $60.6 million of the $64.1 million payment from Amkor received in February, 2009. Imaging & Optics Royalty and License Fees revenue was $5.3 million. The company’s stock price rose $2.12 to $16.16 two days after the earnings announcement. Tessera ended the first quarter 2009 with $383.8 million in cash, cash equivalents and investments

Analysts’ estimates for the quarter ending June 2009 (Q2) range from a low of $0.25 to a high of $0.36, with a consensus of $0.32. Second quarter 2009 total revenues are expected to range between $59 million and $61 million. This compares to second quarter 2008 total revenues of $56.3 million. International Trade Commission's or ITC's verdict in favor of the company is expected to lift the company’s revenue by $12 million to $13 million. The deal settles Tessera's outstanding litigation with Motorola, and the latter will pay royalties to Tessera, on shipments of certain electronic products including cell phones, set-top boxes, and radio equipment that incorporate unlicensed chips using Tessera's patented technology used to pack semiconductor chips.