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-0.00438212094653803 -0.00525854513584564 -0.00262927256792282 -0.00175284837861521 -0.00175284837861521 0.00175284837861521 0.0105170902716916 0.0175284837861526
Stock impact report

Verimatrix Announces Q1 2020 Revenue

Rambus, Inc. (RMBS) 
Last rambus, inc. earnings: 1/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.rambus.com
Company Research Source: Business Wire
$20.0 million revenue in Q1 2020Strong growth of subscription-based business (ARR up 68% vs Q4 2019 at $6.2m); recurring revenues up 18% year-over-year at $14.2 millionCore business up 3% year-over-year on a pro forma1basisConsolidated revenue (IFRS) up 26% year-over-yearCovid-19 epidemic and objectivesBusiness continuity and resilience despite short term challengesContinuously growing recurring revenues and subscription-based business in particularCompany largely deleveraged with a solid financial position to face the global pandemic situationTight control of expense to preserve profitability and cash flow while investing in long-term growthGiven the lack of visibility induced by the Covid-19 epidemic, 2020 and 2021 objectives are suspended until the macroeconomic environment improves and regain visibility AIX-EN-PROVENCE, France & SAN DIEGO--(BUSINESS WIRE)--Regulatory News:Verimatrix (Paris:VMX) (Euronext Paris: VMX), formerly known as Inside Secure, is today reporting its reven Show less Read more
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