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Rambus (RMBS) Reports Q2 Loss of $0.03, Revenues Beat; Offers 3Q Outlook

July 30, 2018 4:11 PM EDT

Rambus (NASDAQ: RMBS) reported Q2 EPS of ($0.03), versus $0.20 reported last year. Revenue for the quarter came in at $98.8 million versus the consensus estimate of $96.58 million.

With a record number of licensing deals this quarter and record revenue in the first half of the year for our Memory and Interface IP Cores, we continue to execute on key strategic programs for the data center and mobile edge, said Luc Seraphin, interim chief executive officer of Rambus. We are also seeing growing traction for our Security products with recent customer announcements for our Unified Payment... More