30.04.2024 00:48:19 - dpa-AFX: Rambus Inc. Reveals Increase In Q1 Profit, but misses estimates

WASHINGTON (dpa-AFX) - Rambus Inc. (RMBS) revealed a profit for its first
quarter that increased from the same period last year but missed the Street
estimates.

The company's earnings totaled $32.9 million, or $0.30 per share. This compares with $3.3 million, or $0.03 per share, in last year's first quarter.

Analysts on average had expected the company to earn $0.44 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.6% to $117.9 million from $113.8
million last year.

Rambus Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $32.9 Mln. vs. $3.3 Mln. last year.
-EPS (Q1): $0.30 vs. $0.03 last year.
-Revenue (Q1): $117.9 Mln vs. $113.8 Mln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
RAMBUS INC.(DEL.) DL-,001 906870 Frankfurt 50,760 03.06.24 08:09:27 +1,910 +3,91% 49,990 50,180 50,760 48,850

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