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0.0229714096843497 0.0229714096843497 -0.00842835894893415 -0.0249545529664519 -0.0145430507354157 -0.0042968104445547 -0.0123748140803173 -0.0125599074533136
Stock impact report

Rambus Reports Fourth Quarter and Fiscal Year 2024 Financial Results

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
Delivered record quarterly product revenue of $73.4 million, up 11% sequentially and 37% year over yearGenerated record annual cash from operations of $230.6 million for 2024, up 18% year over yearExtended patent license agreement with Micron through 2029 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 fourth quarter ended December 31, 2024. GAAP revenue for the fourth quarter was $161.1 million; licensing billings were $63.6 million, product revenue was $73.4 million, and contract and other revenue was $29.5 million. The Company also generated $59.0 million in cash provided by operating activities in the fourth quarter.“We finished 2024 strongly with sequential and year-over-year growth, delivering record annual product revenue and cash from operations,” said Luc Seraphin, chief executive officer of Rambus. “We expanded our addressable market with a reco Show less Read more
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