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

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Rambus Reports Third Quarter 2020 Financial Results

November 2, 2020 4:06 PM EST

SAN JOSE, Calif., Nov. 2, 2020 /PRNewswire/ -- Rambus Inc. (NASDAQ: RMBS), a premier silicon IP and chip provider making data faster and safer, today reported financial results for the third quarter ended September 30, 2020. GAAP revenue for the third quarter was $56.9 million; licensing billings were $63.1 million, product revenue was $29.8 million, and contract and other revenue was $10.5 million. The Company also generated $44.1 million in cash provided by operating activities.

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