8-K
filed February 5, 2024, 6:59 PM ET
ticker RMBS
CIK 0000917273
earnings
confidence high
sentiment positive
materiality 0.70
Rambus Q4 net income $58.5M, EPS $0.53; revenue at high end of guidance
RAMBUS INC
2023-FY EPS reported
$3.01
revenue$461,117,000
- GAAP rev $122.2M (flat YoY); net income $58.5M vs $15.9M; diluted EPS $0.53 vs $0.14.
- Product rev $53.7M (down 20% YoY) offset by royalty rev $52.4M (up 67% YoY).
- Generated $54.8M cash from ops in Q4; cash & securities $425.8M, up $50.3M QoQ.
- Launched industry's first Gen4 DDR5 RCD for server memory modules.
- Q1 2024 guidance: product rev $47-53M, licensing billings $59-65M, non-GAAP op ex $75-71M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
RAMBUS INC reported quarter ended December 31, 2023 results: EPS $0.53.
- Period
- quarter ended December 31, 2023
- EPS
- $0.53
- Result
- reported results
Exact text from the filing
GAAP revenue for the fourth quarter wa s $122.2 million; licensing billings were $66.2 million , pr oduct revenue was $53.7 million, and contract and other revenue was $16.1 million.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
RAMBUS INC reported quarter ended December 31, 2023 results: EPS $0.53.
- Period
- quarter ended December 31, 2023
- EPS
- $0.53
- Result
- reported results
Exact text from the filing
The Company had GAAP diluted net income per share of $0.53.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.8
RAMBUS INC updated its first quarter of 2024 guidance (reaffirmed).
- Period
- first quarter of 2024
- Guidance
- reaffirmed
- Result
- guidance update
Exact text from the filing
The Company will discuss its full revenue guidance for the first quarter of 2024 during its upcoming conference call.
View on SEC.gov
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