Rambus Reports Third Quarter 2020 Financial Results

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Rambus (RMBS) Misses Q3 EPS by 38c, Revenues Miss

November 2, 2020 4:47 PM EST

Rambus (NASDAQ: RMBS) reported Q3 EPS of ($0.11), $0.38 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $56.92 million versus the consensus estimate of $103 million.

Strong quarter, delivering on revenue, exceeding expectations for profit and generating $44.1 million in cash provided by operating... More