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Recap: Rambus Q3 Earnings

Benzinga Insights
·1 min read

Shares of Rambus (NASDAQ:RMBS) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 0.00% over the past year to ($0.11), which missed the estimate of $0.27.

Revenue of $56,915,000 decreased by 0.84% from the same period last year, which missed the estimate of $103,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Nov 02, 2020

View more earnings on RMBS

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.rambus.com%2F&eventid=2625301&sessionid=1&key=7168C5AB9E34138D47E053A7D6C0742F&regTag=&sourcepage=register

Technicals

52-week high: $16.98

52-week low: $9.01

Price action over last quarter: down 9.20%

Company Profile

Rambus is a global semiconductor solutions provider offering high-speed, high-security computer chips and Silicon intellectual property. The company operates with one segment: high-speed interface IP and chips. Key products include memory interface chips, built for high speed and efficiency; silicon IP, providing high-speed memory and chip-to-chip connection technology; and architecture licenses, which allow customers to use portions of Rambus' patented inventions for their own digital electronics. The firm receives the majority of its revenue from the United States, Taiwan, and Singapore.

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