Rambus (RMBS) Tops Q2 EPS by $1.12

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Go back to Rambus (RMBS) Tops Q2 EPS by $1.12

Rambus Reports Second Quarter 2023 Financial Results

July 31, 2023 4:05 PM EDT

Delivered strong Q2 results with revenue in line and earnings at the high end of guidance Generated $50.4 million in cash from operations Produced quarterly product revenue of $55.0 million driven by memory interface chips

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 second quarter ended June 30, 2023. GAAP revenue for the second quarter was $119.8 million, licensing billings were $60.2 million, product revenue was $55.0 million, and contract and other revenue was... More