Rambus Earnings Reports

Rambus reported strong Q4 2024 results with record quarterly product revenue and year-over-year growth. The company's GAAP revenue for the quarter was $161.1 million and generated $59.0 million in cash provided by operating activities.

Rambus Inc. reported financial results for the third quarter ended September 30, 2024. GAAP revenue for the third quarter was $145.5 million, licensing billings were $65.4 million, product revenue was $66.4 million, and contract and other revenue was $15.0 million. The Company also generated $62.1 million in cash provided by operating activities in the third quarter.

Rambus reported solid second-quarter results with revenue of $132.1 million and strong cash generation from operations. The company saw robust growth in product revenue and anticipates a strong third quarter driven by double-digit sequential chip growth.

Rambus reported solid first quarter results, driven by strong execution and strategic focus on data center and AI. The company's GAAP revenue was $117.9 million and net income was $32.9 million.

Rambus reported strong fourth quarter and full-year results, driven by product leadership and execution on its strategy. Q4 GAAP revenue was $122.2 million and the company generated $54.8 million in cash from operations.

Rambus delivered a strong third quarter with GAAP revenue of $105.3 million and a net income of $103.2 million, largely driven by a net gain on divestiture. The company generated $51.6 million in cash from operations and completed a $100.0 million accelerated share repurchase program.

Rambus reported a strong second quarter with revenue of $119.8 million, driven by product revenue of $55.0 million. The company generated $50.4 million in cash from operations and a GAAP diluted net income per share of $1.51, largely driven by a net benefit from income taxes.

Rambus reported a strong first quarter with revenue and earnings at the high end of guidance. Product revenue increased by 33% year over year, driven by memory interface chips. The company is well-positioned to address favorable secular trends in the data center, fueled by advancements in AI and other demanding workloads.

Rambus reported strong Q4 2022 financial results, with GAAP revenue of $122.4 million. The company achieved record annual product revenue and cash from operations. The company's strategic focus on the data center and strong execution across its diverse offerings continues to drive the company's long-term profitable growth and enables consistent capital returns to its stockholders.

Rambus reported an excellent performance in Q3 2022, exceeding guidance with record cash and product revenue. GAAP revenue was $112.2 million. The company's strategic focus and strong execution in the data center market, combined with a diverse portfolio of offerings, drive long-term profitable growth and enable consistent capital returns to stockholders.

Rambus reported a strong second quarter with record product revenue from memory interface chips and sustained silicon IP momentum. Q2 revenue and earnings were at the high end of guidance. The company generated $56.5 million in cash from operations.

Rambus delivered a strong first quarter with record product revenue of $48.0 million, driven by memory interface chips. The company generated $42.6 million in cash from operations and strengthened its balance sheet by retiring debt.

Rambus reported strong Q4 2021 financial results, exceeding revenue and profitability guidance. The company's annual product revenue increased by 26% year-over-year, driven by memory interface chips. Rambus generated $72.2 million in cash from operations during the quarter, contributing to a record $209.2 million for the full year.

Rambus reported a strong third quarter with revenue and profitability in line with expectations. They delivered record product revenue of $36.7 million, mainly from memory interface chips, and closed the acquisitions of AnalogX and PLDA.

Rambus reported strong Q2 2021 financial results, exceeding guidance for revenue and profitability. The company generated $51.6 million in cash from operating activities and initiated a $100 million accelerated share repurchase program. Strategic advancements were made to capture the next wave of semiconductor growth.

Rambus reported GAAP revenue of $70.4 million and licensing billings of $63.5 million for Q1 2021. The company's performance was at the high end of expectations, driven by ongoing share gains for memory interface chips and strong demand in Cloud and other target markets.

Rambus delivered excellent Q4 2020 results, driven by focused execution, significant product growth, and sustained patent licensing. The company's cash generation enables ongoing investment in its roadmap, positioning it well to meet the expanding needs of data center and cloud.

Rambus reported a strong third quarter with revenue in line with expectations and profit exceeding expectations due to cost management actions. The company generated $44.1 million in cash from operating activities and saw a 39% year-over-year increase in memory interface chip revenue.

Rambus reported a strong second quarter with revenue at the high end of expectations and cash generated from operations at a 10-year high. The memory interface chip business delivered its fifth consecutive quarter of record revenue, driven by strong demand in the data center.

Rambus reported strong Q1 2020 financial results with record revenue from both silicon IP and chip businesses. GAAP revenue was $64.0 million, and the company generated $37.3 million in cash from operating activities.

Rambus reported strong Q4 2019 financial results, with revenue towards the high end of guidance at $59.9 million and licensing billings of $63.8 million. The company generated $35.4 million in cash from operating activities during the quarter and expanded its product portfolio with the acquisition of Secure Silicon IP and Protocols business from Verimatrix.