Tessera raises its financial guidance for Q3 and full year 2004

Net income is expected to range between $12.0 and $12.2 million, or $0.25 to $0.26 per diluted share. The company had previously guided for total third quarter 2004 revenues of $20.1 to $20.5 million, net income of $10.0 to $10.3 million and earnings per diluted share of approximately $0.21.

(September 1, 2004) Northbrook, Ill.&#8212IPC&#8212Association Connecting Electronics Industries has lowered prices on single-user standards and specifications purchased on CD or through electronic download. The company made this move to increase the demand and accessibility of its standards.

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