Rambus (RMBS) Posts Q1 EPS of $0.03

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Go back to Rambus (RMBS) Posts Q1 EPS of $0.03

Rambus Reports First Quarter 2023 Financial Results

May 1, 2023 4:05 PM EDT

Delivered strong Q1 results with revenue and earnings at the high end of guidance Produced quarterly product revenue of $63.8 million driven by memory interface chips, up 33% year over year Extended comprehensive patent license agreement with SK hynix by 10 years through 2034

SAN JOSE, Calif.--(BUSINESS WIRE)-- 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, 2023. GAAP revenue for the first quarter was $113.8 million, licensing billings were $63.4 million, product revenue was... More