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

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Rambus Reports First Quarter 2019 Financial Results

April 22, 2019 4:05 PM EDT

First quarter revenue and billings in line with expectations; GAAP revenue of $48.4 million, with royalty revenue of $24.8 million and licensing billings of $75.4 million $28.8 million in cash provided by operating activities DDR4 server DIMM chipset revenue up nearly 40% year-over-year, fueled by continued market share growth Record revenue for IP Cores business; expanded portfolio with 32G PHY for 5G infrastructure and 112G LR PHY in 7nm for 400G and 800G networking

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Rambus Inc. (NASDAQ:... More