Tessera Technologies Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported total revenue was $56.7 million compared to $80.4 million of total revenue in the fourth quarter of 2010. GAAP net income was $2.64 million or $0.05 per diluted share against $13.51 million or $0.27 per diluted share for the same period a year ago. Non-GAAP net income was $9.7 million or $0.18 per diluted share against $23.1 million or $0.44 per diluted share for the same period a year ago. Operating income was $2.34 million against $25.4 million for the same period a year ago. Income before taxes was $2.96 million against $26.33 million for the same period a year ago. For the year, the company reported operating loss of $11.96 million, loss before taxes of $9.32 million and net loss of $19.3 million or $0.38 per diluted share on total revenues of $254.58 million against operating income of $100.82 million, income before taxes of $103.43 million and net income of $57.35 million or $1.14 per diluted share on total revenues of $301.4 million for the same period a year ago. Non-GAAP net income was $60.66 million or $1.15 per diluted share against non-GAAP net income of $91.2 million or $1.77 per diluted share for the same period a year ago.