Rambus Inc. Provides Earnings Guidance for the First Quarter of 2019
January 28, 2019 at 05:00 pm EST
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Rambus Inc. provided earnings guidance for the first quarter of 2019. Under the new ASC 606 revenue standard, the company expected revenue in the first quarter between $41 million and $47 million. Under ASC 606, the company expects royalty revenue between $18 million and $24 million.
Rambus Inc. is a provider of chips, silicon intellectual property (IP) and innovations that address the fundamental challenges of accelerating data and enabling critical performance improvements for data center and other growing markets. It offers a balanced and diverse portfolio of solutions across chips, silicon IP and patent licensing. Its Rambus Double Data Rate (DDR) memory interface chips for server memory modules enable increased bandwidth and expanded capacity in enterprise and cloud servers. Its portfolio includes DDR5 and DDR4 memory interface chipsets. Its DDR5 chipset solution includes the Registering Clock Driver (RCD), Serial Presence Detect Hubs (SPD Hub) and Temperature Sensors (TS). Rambus Silicon IP includes interface and security IP solutions that move and protect data in advanced data center, government and automotive applications. It sells memory interface chips directly and indirectly to memory module manufacturers and original equipment manufacturers (OEMs).