Rambus Q4 2022 Earnings Report
Key Takeaways
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.
Delivered strong Q4 revenue and earnings in line with guidance
Produced record annual product revenue driven by memory interface chips, up 58% year over year
Generated record cash from operations of $230.4 million for full year 2022
GAAP revenue for the fourth quarter was $122.4 million
Rambus
Rambus
Rambus Revenue by Segment
Forward Guidance
The Company will discuss its full revenue guidance for the first quarter of 2023 during its upcoming conference call. For the first quarter of 2023, the Company expects licensing billings to be between $61 million and $67 million. The Company also expects royalty revenue to be between $25 million and $31 million, product revenue to be between $57 million and $63 million and contract and other revenue to be between $19 million and $25 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income