Rambus (RMBS) Misses Q3 EPS

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Rambus Reports Third Quarter 2021 Financial Results

November 1, 2021 4:05 PM EDT

SAN JOSE, Calif., Nov. 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 third quarter ended September 30, 2021. GAAP revenue for the third quarter was $81.3 million; licensing billings were $66.1 million, product revenue was $36.7 million, and contract and other revenue was $11.5 million. The Company also generated $46.0 million in cash provided by operating activities.

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