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Dec 31, 2021

Rambus Q4 2021 Earnings Report

Rambus exceeded guidance for revenue and profitability, achieving excellent Q4 results.

Key Takeaways

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.

Achieved excellent Q4 results, exceeding guidance for revenue and profitability.

Produced record annual product revenue of $143.9 million driven by memory interface chips, up 26% year over year.

Generated record cash from operations of $209.2 million for full year 2021, with $72.2 million generated in Q4.

GAAP revenue for the fourth quarter was $91.8 million.

Total Revenue
$91.8M
Previous year: $61.9M
+48.2%
EPS
$0.4
Previous year: $0.28
+42.9%
Licensing billings
$66.6M
Previous year: $64.2M
+3.7%
Gross Profit
$74M
Previous year: $48.5M
+52.8%
Cash and Equivalents
$108M
Previous year: $136M
-20.8%
Free Cash Flow
$65.9M
Previous year: $33.1M
+98.9%
Total Assets
$1.23B
Previous year: $1.24B
-0.9%

Rambus

Rambus

Rambus Revenue by Segment

Forward Guidance

The Company will discuss its full revenue guidance for the first quarter of 2022 during its upcoming conference call.

Revenue & Expenses

Visualization of income flow from segment revenue to net income