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