"Total Revenue -- $347 million, surpassing the high end of guidance due to accelerated timing of deals and a $7 million Q4 shipment true-up. Non-GAAP Earnings Per Share -- $1.06, exceeding guidance as a result of higher revenues and reduced operating expenses. Licensing Revenue -- $320 million, with Products and Services revenue at $27 million; the stated totals do not reconcile due to segment reporting."
"Operating Cash Flow -- Approximately $55 million generated in the quarter. Share Repurchases -- $70 million repurchased, with $207 million remaining authorized. Dividend -- Declared at $0.36 per share, up 9% year over year. Cash and Investments -- Approximately $730 million at quarter-end. GAAP Operating Expenses -- Included a $10 million restructuring charge related to streamlining and alignment of resources."
Total revenue was $347 million, exceeding guidance because of accelerated deal timing and a $7 million Q4 shipment true-up. Non-GAAP EPS was $1.06, above guidance from higher revenues and reduced operating expenses. Licensing revenue totaled $320 million and Products and Services revenue was $27 million. Operating cash flow was about $55 million. Share repurchases totaled $70 million with $207 million remaining authorized, and a dividend of $0.36 per share was declared, up 9%. GAAP operating expenses included a $10 million restructuring charge. Mobile licensing grew over 20% year over year while broadcast revenue declined mid-teens. Full-year revenue guidance was raised to $1.4–$1.45 billion, with non-GAAP EPS guidance of $4.30–$4.45 and non-GAAP operating expenses targeted at $780–$800 million.
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