Rambus Reports Third Quarter 2024 Financial Results
Rambus, Inc. (RMBS)
Last rambus, inc. earnings: 1/27 04:05 pm
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US:NASDAQ Investor Relations:
investor.rambus.com
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Source: Business Wire
Delivered $66.4 million in product revenue, up 17% sequentially and 27% year over yearAchieved strong sequential earnings growth and generated excellent cash from operations of $62.1 millionUnveiled 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, product revenue was $66.4 million, and contract and other revenue was $15.0 million. The Company also generated $62.1 million in cash provided by operating activities in the third quarter.“We delivered strong sequential growth in Q3, fueled by a double-digit increase in product revenue, and generated excellent cash from operations,” said Luc Seraphin, chief exe
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RMBS
News
- Rambus: DDR5 Leader Positioned To Thrive As AI Shifts To Inference [Seeking Alpha]Seeking Alpha
- Rambus Inc. (NASDAQ: RMBS) had its "buy" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $85.00 price target on the stock.MarketBeat
- Rambus Inc. (RMBS) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Rambus Unveils Industry-First Complete Chipsets for Next-Generation DDR5 MRDIMMs and RDIMMs to Deliver Breakthrough Performance for Data Center and AIBusiness Wire
- Rambus to Announce Third Quarter Fiscal Year 2024 ResultsBusiness Wire
RMBS
Earnings
- 10/28/24 - Beat
RMBS
Sec Filings
- 10/30/24 - Form 10-Q
- 10/28/24 - Form 8-K
- 10/23/24 - Form SC
- RMBS's page on the SEC website