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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.
GAAP revenue of $64.0 million, exceeding expectations.
Licensing billings of $67.1 million.
Generated $37.3 million in cash from operating activities.
Record revenue from both the silicon IP and chip businesses, bolstered by strong demand in data center and infrastructure.
The Company will discuss its full revenue guidance for the second quarter of 2020 during its upcoming conference call.
Visualization of income flow from segment revenue to net income