Rambus Reports First Quarter 2024 Financial Results
Rambus, Inc. (RMBS)
Last rambus, inc. earnings: 1/27 04:05 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
Delivered solid Q1 results and expanded leadership offerings for the data centerCompleted $50.0 million accelerated share repurchase programLaunched industry-leading family of DDR5 PMICs for AI and traditional servers 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, 2024. GAAP revenue for the first quarter was $117.9 million, licensing billings were $63.2 million, product revenue was $50.4 million, and contract and other revenue was $20.0 million. The Company also generated $39.1 million in cash provided by operating activities in the first quarter.“Through strong execution and strategic focus on data center and AI, we delivered solid first quarter results,” said Luc Seraphin, chief executive officer of Rambus. “We expanded our market opportunity with the introduction of new leadership products, and continue to drive the long-
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RMBS
News
- Rambus to Present at Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
- Rambus to Present at Upcoming Investor ConferencesBusiness Wire
- Rambus Inc. (NASDAQ: RMBS) had its "buy" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $75.00 price target on the stock, up previously from $72.00.MarketBeat
- Rambus Inc. (NASDAQ:RMBS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Rambus Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
RMBS
Earnings
- 4/29/24 - Miss
RMBS
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 144
- 5/7/24 - Form 144
- RMBS's page on the SEC website