Rambus (RMBS) Reports Q4 Loss of $0.11/sh

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Rambus Reports Fourth Quarter and Fiscal Year 2020 Financial Results

February 1, 2021 4:05 PM EST

SAN JOSE, Calif., Feb. 1, 2021 /PRNewswire/ -- Rambus Inc. (NASDAQ: RMBS), a provider of industry-leading chips and IP making data faster and safer, today reported financial results for the fourth quarter ended December 31, 2020. GAAP revenue for the fourth quarter was $61.9 million; licensing billings were $64.2 million, product revenue was $21.8 million, and contract and other revenue was $12.4 million. The Company also generated $42.1 million in cash provided by operating activities in the fourth quarter, bringing the 2020 total to $185.5 million, up 44% year over year.

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