Rambus Reports First Quarter 2019 Financial Results

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Rambus (RMBS) Misses Q1 EPS by 31c, Revenues Miss

April 22, 2019 4:09 PM EDT

Rambus (NASDAQ: RMBS) reported Q1 EPS of ($0.08), $0.31 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $48.4 million versus the consensus estimate of $98.83 million.

First quarter revenue and billings in line with expectations; GAAP revenue of $48.4 million, with royalty revenue of $24.8... More