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Rambus Inc (RMBS)
NASDAQ:RMBS
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Earnings Data
Report Date
Feb 03, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.58Last Year’s EPS
0.47Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2018
|% Change Since: 38.21%
|Next Earnings Date:Jul 30, 2018
Earnings Call Sentiment|Positive
The earnings call presented a strong performance in product revenue growth, driven by DDR5 and significant new product introductions. While there were some concerns regarding contract revenue and DDR4 sales, the overall financial health, including cash generation and strategic initiatives, suggests a positive outlook.Company Guidance
During the Q3 2024 earnings call for Rambus (RMBS), the company provided robust guidance and various key metrics highlighting their financial and operational performance. Product revenue exhibited significant growth, with a 17% sequential increase and a 27% year-over-year rise, primarily driven by the DDR5 memory interface chips. The company generated $62 million in cash from operations and executed $50 million in share repurchases. They reported Q3 revenue of $145.5 million, with royalty revenue at $64.1 million and licensing billings of $65.4 million. Operating expenses were $55.3 million, with a total headcount of 685. Rambus anticipates Q4 revenue between $154 million and $160 million, with non-GAAP earnings per share expected to range from $0.52 to $0.59. The firm is strategically focusing on advancing system memory bandwidth and capacity through innovative solutions to capitalize on growth opportunities in data center and AI markets.Strong Product Revenue Growth
Product revenue in Q3 was $66.4 million, up 17% sequentially and 27% year-over-year, driven by continued strength in DDR5.
Significant Cash Generation and Share Repurchase
Generated $62 million of cash from operations and repurchased $50 million of stock in Q3, marking the fifth consecutive quarter of share repurchases.
Introduction of DDR5 MRDIMM and RDIMM Chipsets
First to introduce complete chipsets for industry standard DDR5 MRDIMM at 12,800 megawatt transfers per second and RDIMMs at 8,000 mega transfers per second, expanding addressable market.
Silicon IP Growth
Silicon IP revenue expected to grow around 10% this year, with new products targeting AI solutions, including HBM4, PCIe 7, and GDDR7.
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RMBS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RMBS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $44.80 | $51.00 | +13.84% |
| Jul 29, 2024 | $55.83 | $48.58 | -12.99% |
| Apr 29, 2024 | $60.48 | $54.82 | -9.36% |
| Feb 05, 2024 | $68.37 | $55.26 | -19.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Rambus Inc (RMBS) report earnings?
Rambus Inc (RMBS) is schdueled to report earning on Feb 03, 2025, TBA Not Confirmed.
What is Rambus Inc (RMBS) earnings time?
Rambus Inc (RMBS) earnings time is at Feb 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RMBS EPS forecast?
RMBS EPS forecast for the fiscal quarter 2024 (Q4) is 0.58.
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