Rambus (RMBS) Posts Q4 Loss of $0.09/Sh

Rambus (NASDAQ: RMBS) reported Q4 EPS of ($0.09), which may not compare to the analyst estimate of $0.25. Revenue for the quarter came in at $59.9 million versus $65.8 million last year.

"Rambus had an excellent fourth quarter, concluding a very strong year that was propelled by robust cash from operations and record Q4 and annual revenue from memory interface chips and silicon IP," said Luc Seraphin, chief executive officer of Rambus. "By realigning the Company around our core strengths in semiconductor and augmenting our product portfolio, we are well-positioned for continued success in 2020."

GUIDANCE:

Rambus sees Q1 2020 revenue of $60-66 million.

For earnings history and earnings-related data on Rambus (RMBS) click here.

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