Rambus (RMBS) Misses Q3 EPS by 7c, Misses on Revenue
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Rambus Reports Third Quarter 2024 Financial Results
October 28, 2024 4:05 PM EDTDelivered $66.4 million in product revenue, up 17% sequentially and 27% year over year Achieved strong sequential earnings growth and generated excellent cash from operations of $62.1 million Unveiled industry-first complete chipsets for next-generation, industry-standard DDR5 MRDIMMs and RDIMMs for the data center and AI
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 third quarter ended September 30, 2024. GAAP revenue for the third quarter was $145.5 million, licensing billings were $65.4 million,... More
