Rambus Inc (RMBS) Files 10-K for the Fiscal Year Ended on December 31, 2017

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Rambus Inc (RMBS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Rambus Inc is a technology solutions company. The company creates semiconductor and IP products, spanning memory and interfaces to security, smart sensors and lighting. Rambus Inc has a market cap of $1.39 billion; its shares were traded at around $12.70 with and P/S ratio of 3.71.


For the last quarter Rambus Inc reported a revenue of $101.9 million, compared with the revenue of $97.56 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $393.1 million, an increase of 16.8% from last year. For the last five years Rambus Inc had an average revenue growth rate of 9.7% a year.

The reported loss per diluted share was 17 cents for the year, compared with the earnings per share of $1.8 in the previous year. The Rambus Inc had a decent operating margin of 13.84%, compared with the operating margin of 9.99% a year before. The 10-year historical median operating margin of Rambus Inc is 3.89%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Rambus Inc has the cash and cash equivalents of $225.8 million, compared with $135.3 million in the previous year. The long term debt was $135.4 million, compared with $126.2 million in the previous year. The interest coverage to the debt is 4. Rambus Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $12.70, Rambus Inc is traded at 26.2% discount to its historical median P/S valuation band of $17.22. The P/S ratio of the stock is 3.71, while the historical median P/S ratio is 5.04. The stock lost 0.72% during the past 12 months.

Directors and Officers Recent Trades:

  • SVP, GM ESD Laura Stark sold 2,936 shares of RMBS stock on 02/09/2018 at the average price of $12. The price of the stock has increased by 5.83% since.

  • Director Eric B Stang sold 6,000 shares of RMBS stock on 02/07/2018 at the average price of $12.33. The price of the stock has increased by 3% since.

  • Director David A Shrigley sold 5,000 shares of RMBS stock on 01/29/2018 at the average price of $14.18. The price of the stock has decreased by 10.44% since.

For the complete 20-year historical financial data of RMBS, click here.

This article first appeared on GuruFocus.


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