Rambus Inc
RMBS
ISIN US7509171069 / Valor 644116
Rambus Inc
UMushroom community rating:
About company
Rambus Inc is a technology company that specializes in creating advanced semiconductor and IP products, including memory, interfaces, security solutions, smart sensors, and lighting technologies. The company is known for its innovative products that are used in a variety of industries, including electronics, telecommunications, and automotive. With a focus on cutting-edge technology, Rambus Inc continues to push the boundaries of what is possible in the semiconductor industry.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (07.08.2024):
Revenue Growth
Rambus Inc. reported a significant increase in revenue for the second quarter of 2024. The company achieved total revenue of $132.1 million, compared to $119.8 million in the same quarter of the previous year. This growth was driven by strong performance in their IP licensing and semiconductor product segments.
Net Income
For the second quarter of 2024, Rambus Inc. posted a net income of $36.1 million. This represents a substantial improvement from the net income of $17.0 million reported in the second quarter of 2023. The increase in net income is attributed to higher revenue and effective cost management strategies.
Earnings Per Share
Rambus Inc.'s earnings per share (EPS) for the second quarter of 2024 were $0.33 on a basic basis and $0.33 on a diluted basis. This is a notable increase from the EPS of $0.15 on a basic basis and $0.14 on a diluted basis reported in the same quarter of the previous year.
Deferred Revenue
As of June 30, 2024, Rambus Inc. had deferred revenue of $16.4 million, down from $18.1 million as of December 31, 2023. During the first six months of 2024, the company recognized $14.3 million of revenue that was included in deferred revenue as of December 31, 2023.
Geographic Revenue Distribution
Rambus Inc.'s revenue for the second quarter of 2024 was geographically diverse, with $55.7 million coming from the USA, $35.8 million from South Korea, $19.2 million from Singapore, and $21.5 million from other regions. This distribution highlights the company's strong international presence and market reach.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4162 M
Market cap (USD)
780,521
Daily traded volume (Shares)
39.56 / 38.02
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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P/E ratio
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EPS (USD)
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Ratings & reviews
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