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Mar 31, 2020

Rambus Q1 2020 Earnings Report

Rambus had an exceptional quarter, exceeding expectations for revenue and profit.

Key Takeaways

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.

Total Revenue
$64M
Previous year: $48.4M
+32.3%
EPS
-$0.07
Previous year: -$0.08
-12.5%
Licensing billings
$67.1M
Previous year: $75.4M
-11.0%
Gross Profit
$48.1M
Previous year: $37.2M
+29.4%
Cash and Equivalents
$175M
Previous year: $143M
+22.7%
Free Cash Flow
$35.3M
Previous year: $28.1M
+25.7%
Total Assets
$1.33B
Previous year: $1.32B
+0.3%

Rambus

Rambus

Rambus Revenue by Segment

Forward Guidance

The Company will discuss its full revenue guidance for the second quarter of 2020 during its upcoming conference call.

Revenue & Expenses

Visualization of income flow from segment revenue to net income