Rambus (RMBS) Misses Q2 EPS by 21c

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Rambus Reports Second Quarter 2021 Financial Results

August 2, 2021 4:05 PM EDT

SAN JOSE, Calif., Aug. 2, 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 second quarter ended June 30, 2021. GAAP revenue for the second quarter was $84.9 million; licensing billings were $65.2 million, product revenue was $31.2 million, and contract and other revenue was $11.8 million. The Company also generated $51.6 million in cash provided by operating activities.

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