Rambus Reports Third Quarter 2017 Financial Results

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Rambus Inc. (RMBS) PT Raised to $19 at Loop Capital

October 24, 2017 6:22 AM EDT

Loop Capital analyst Betsy Van Hees raised her price target on Rambus Inc. (NASDAQ: RMBS) to $19.00 (from $16.00) while maintaining a Buy rating following solid quarter execution and outlook.

Van Hees calls RMBS its top 2018 small cap idea.

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Rambus (RMBS) Tops Q3 EPS by 2c

October 23, 2017 4:06 PM EDT

Rambus (NASDAQ: RMBS) reported Q3 EPS of $0.19, $0.02 better than the analyst estimate of $0.17. Revenue for the quarter came in at $99.1 million versus the consensus estimate of $98.96 million.

GUIDANCE:

Rambus sees Q4 2017 EPS of $0.16-$0.22, versus the consensus of $0.17. Rambus sees Q4... More