Tessera (TSRA) +5.7% after guiding for Q3 revenue of $66.5M-$69M, soundly above a $60M...

|About: Tessera Technologies, Inc. (TSRA)|By:, SA News Editor

Tessera (TSRA) +5.7% after guiding for Q3 revenue of $66.5M-$69M, soundly above a $60M consensus. Tessera's chip IP licensing business is expected to post revenue of $53M-$54M, nearly even with Q2's $53M. But its DigitalOptics unit, which provides camera modules and autofocus tech for mobile phones, is expected to see sales jump to $13.5M-$15M from Q2's $8.4M. (PR)