Rambus reports Q4 revenue $122.4M, full-year product revenue up 58% to record

RAMBUS INC

2022-FY EPS reported -$0.13 revenue$454,793,000

Q4 GAAP revenue $122.4M, net income $15.9M, diluted EPS $0.14.
Record annual product revenue, up 58% YoY, driven by memory interface chips.
Full-year cash from operations $230.4M, a record, up 10% YoY.
Q1 2023 guidance: product revenue $57-63M, licensing billings $61-67M.
Cash and marketable securities $313.2M at Dec 31, 2022, up $48.4M from prior quarter.

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