Rambus: Q4 Earnings Snapshot
By AP News
Published - Feb 06, 2023, 06:45 PM ET
Last Updated - Jun 22, 2023, 11:03 PM EDT
SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Rambus Inc. (RMBS) on Monday reported profit of $15.9 million in its fourth quarter.
On a per-share basis, the San Jose, California-based company said it had profit of 14 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 47 cents per share.
The memory chip designer posted revenue of $122.4 million in the period. Its adjusted revenue was $155.3 million.
For the year, the company reported a loss of $14.3 million, or 13 cents per share. Revenue was reported as $571.7 million.