Rambus (RMBS) Misses Q3 EPS by 39c, Revenues Miss

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Rambus Reports Third Quarter 2019 Financial Results

November 4, 2019 4:05 PM EST

Great quarter, exceeding expectations; GAAP revenue of $57.4 million; licensing billings of $63.1 million, product revenue of $21.4 million, and contract and other revenue of $16.6 million $25.6 million in cash provided by operating activities Refocused business on semiconductor with completed sale of payments and ticketing business to Visa Expanded silicon IP offerings with acquisition of digital controller IP provider, Northwest Logic, and agreement to acquire silicon IP and secure protocols businesses from Verimatrix Second consecutive quarter of record revenue for memory interface chip business

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