Recap: Rambus Q4 Earnings

Rambus (NASDAQ:RMBS) reported its Q4 earnings results on Monday, February 5, 2024 at 04:05 PM. Here’s what investors…

Rambus (NASDAQ:RMBS) reported its Q4 earnings results on Monday, February 5, 2024 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Rambus beat estimated earnings by 17.78%, reporting an EPS of $0.53 versus an estimate of $0.45.

Revenue was down $142 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 9.49% increase in the share price the next day.

Here’s a look at Rambus’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.41 0.39 0.42 0.45
EPS Actual 0.44 0.31 0.03 0.14
Revenue Estimate 124.60M 137.98M 146.00M 151.94M
Revenue Actual 105.30M 119.83M 113.76M 122.37M

To track all earnings releases for Rambus visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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