Rambus (RMBS) Reports Q1 Loss of $0.02

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Go back to Rambus (RMBS) Reports Q1 Loss of $0.02

Rambus Reports First Quarter 2021 Financial Results

May 3, 2021 4:05 PM EDT

SAN JOSE, Calif., May 3, 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 first quarter ended March 31, 2021. GAAP revenue for the first quarter was $70.4 million; licensing billings were $63.5 million, product revenue was $30.8 million, and contract and other revenue was $10.7 million. The Company also generated $39.5 million in cash provided by operating activities.

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