Rambus (RMBS) Reports In-Line Q4 EPS

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Go back to Rambus (RMBS) Reports In-Line Q4 EPS

Rambus Reports Fourth Quarter and Fiscal Year 2024 Financial Results

February 3, 2025 4:05 PM EST

Delivered record quarterly product revenue of $73.4 million, up 11% sequentially and 37% year over year Generated record annual cash from operations of $230.6 million for 2024, up 18% year over year Extended patent license agreement with Micron through 2029

SAN JOSE, Calif.--(BUSINESS WIRE)-- Rambus Inc. (NASDAQ: RMBS), a provider of industry-leading chips and IP making data faster and safer, today reported financial results for the fourth quarter ended December 31, 2024. GAAP revenue for the fourth quarter was $161.1 million; licensing billings were $63.6 million, product revenue was $73.4 million, and contract and other revenue was... More