Tessera (TSRA) -6.9% AH after warning it expects Q4 revenue of $50M-$53M, well below the $73.5M...

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

Tessera (TSRA) -6.9% AH after warning it expects Q4 revenue of $50M-$53M, well below the $73.5M estimated by the one analyst who covers the company. Chip packaging IP revenue is expected to fall to $42M-$43M from Q3's $57.9M, and camera module sales to $8M-$10M from Q3's $14.8M. No explanation is given for the warning, which is harsh even in light of the ones recently issued by Altera and Lattice Semi.