Rambus Reports Third Quarter Financial Results
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Jefferies Raises Price Target on Rambus (RMBS) Following 3Q Report
October 25, 2016 8:09 AM EDTJefferies reiterated a Hold rating on Rambus Inc. (NASDAQ: RMBS), and raised the price target to $13.50 (from $12.50), following the company's 3Q earnings report. RMBS reported sales/EPS of $89.9M/$0.16, 380bps and 4c above consensus, respectively. RMBS's 4Q sales/EPS outlook midpoints of $96M/$0.16 are above... More
Rambus (RMBS) Tops Q3 EPS by 3c; Issues Q4 Outlook
October 24, 2016 4:06 PM EDTRambus (NASDAQ: RMBS) reported Q3 EPS of $0.16, $0.03 better than the analyst estimate of $0.13. Revenue for the quarter came in at $89.9 million versus the consensus estimate of $86.6 million.
GUIDANCE:
Rambus sees Q4 2016 EPS of $0.14-$0.18, versus the consensus of $0.15. Rambus sees... More
