Rambus (RMBS) Posts Q4 Loss of $0.09/Sh

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Rambus Reports Fourth Quarter And Fiscal Year 2019 Financial Results

January 27, 2020 4:05 PM EST

SUNNYVALE, Calif., Jan. 27, 2020 /PRNewswire/ -- Rambus Inc. (NASDAQ: RMBS) today reported financial results for the fourth quarter ended December 31, 2019. Total revenue for the fourth quarter was towards the high end of guidance at $59.9 million; licensing billings were $63.8 million, product revenue was $26.6 million, and contract and other revenue was $13.9 million. The Company also generated $35.4 million in cash provided by operating activities in the fourth quarter, bringing the 2019 total to $128.5 million, up 48% year over year.

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