Rambus (RMBS) Post Q1 GAAP EPS of $0.07
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Rambus Reports First Quarter 2020 Financial Results
May 4, 2020 4:05 PM EDTSUNNYVALE, Calif., May 4, 2020 /PRNewswire/ --Â Rambus Inc. (NASDAQ: RMBS), a premier silicon IP and chip provider making data faster and safer, today reported financial results for the first quarter ended March 31, 2020. GAAP revenue for the first quarter was above expectations at $64.0 million; licensing billings were $67.1 million, product revenue was $30.7 million, and contract and other revenue was $13.6 million. The Company also generated $37.3 million in cash provided by operating activities.
