Rambus Reports Second Quarter 2020 Financial Results
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Rambus (RMBS) Misses Q2 EPS by 34c, Revenues Miss
August 3, 2020 4:17 PM EDTRambus (NASDAQ: RMBS) reported Q2 EPS of ($0.09), $0.34 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $59.9 million versus the consensus estimate of $100.87 million.
"Rambus had a superb second quarter with cash generated from operations at a 10-year high and our chip business delivering its fifth consecutive quarter of record revenue," said Luc Seraphin, chief executive officer of Rambus. "This... More
