Rambus stock falls after quarter comes up short [MarketWatch]
Rambus, Inc. (RMBS)
Last rambus, inc. earnings: 1/27 04:05 pm
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Source: MarketWatch
Rambus stock falls after quarter comes up short Rambus Inc. RMBS, -0.69% shares dropped in the extended session Monday after the chip company's results fell short of Wall Street estimates. Rambus shares fell 9.2% after hours, following a 0.7% decline in the regular session to close at $12.89. The company reported a second-quarter loss of $37 million, or 33 cents a share, compared with $15.4 million, or 14 cents a share, in the year-ago period. On an adjusted basis, the company broke even for the quarter. Revenue rose to $58.3 million from $56.5 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 8 cents a share on revenue of $96.3 million.
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RMBS
News
- Rambus to Present at Upcoming Investor ConferencesBusiness Wire
- Rambus Plunges 23% Year to Date: How Should You Play the Stock? [Yahoo! Finance]Yahoo! Finance
- Should You Invest in Rambus (RMBS)? [Yahoo! Finance]Yahoo! Finance
- Following a 18% decline over last year, recent gains may please Rambus Inc. (NASDAQ:RMBS) institutional owners [Yahoo! Finance]Yahoo! Finance
- Rambus Inc. (NASDAQ: RMBS) is now covered by analysts at Loop Capital. They set a "buy" rating and a $70.00 price target on the stock.MarketBeat
RMBS
Earnings
- 10/28/24 - Beat
RMBS
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 11/4/24 - Form SC
- RMBS's page on the SEC website