Rambus Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 27, 2020 at 04:05 pm EST
Share
Rambus Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced total revenue was USD 59.947 million compared to USD 68.563 million a year ago. Operating loss was USD 13.211 million compared to USD 4.200 million a year ago. Net loss was USD 9.532 million compared to USD 2.018 million a year ago. Basic loss per share was USD 0.09 compared to USD 0.02 a year ago. For the full year, total revenue was USD 224.027 million compared to USD 231.201 million a year ago. Operating loss was USD 104.539 million compared to USD 86.967 million a year ago. Net loss was USD 90.419 million compared to USD 157.957 million a year ago. Basic loss per share was USD 0.81 compared to USD 1.46 a year ago.
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).
RAMBUS INC. 
