Rambus: Fourth Quarter Earnings Overview
Rambus Inc. Announces Fourth Quarter Financial Results
Rambus Inc., headquartered in San Jose, California, revealed a net profit of $63.8 million for its fourth quarter.
The company reported earnings of 58 cents per share, with adjusted earnings—excluding certain one-time items—coming in at 68 cents per share.
During this quarter, Rambus generated $190.2 million in revenue, while its adjusted revenue was slightly lower at $190.1 million.
Looking at the full year, Rambus achieved a total net income of $230.5 million, translating to $2.11 per share. The company’s annual revenue reached $705.6 million.
For the upcoming year, Rambus projects its revenue will fall between $171 million and $189 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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