Rambus (RMBS) Reports In-Line Q3 EPS; Offers FY18 EPS Outlook Above Consensus
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Rambus Reports Third Quarter 2018 Financial Results
October 29, 2018 4:07 PM EDTThird quarter GAAP revenue of $59.8 million; revenue under ASC 605 would have been $99.8 million, in line with expectations; $31.6 million in cash provided by operating activities Third quarter GAAP royalty revenue of $33.6 million, royalty revenue under ASC 605 would have been $75.7 million and licensing billings of $75.4 million New and renewed licenses closed with Socionext, Phison, Infineon and Nvidia Continued commercial traction with new customers and partners including Coles, ScotRail, Visa, American Express and Riscure
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Rambus Inc. (NASDAQ:... More
