Rambus Earnings: Here’s Why Investors Like These Results

Rambus Inc. (NASDAQ:RMBS) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are up 1.04%.

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Rambus Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $-0.09 in the quarter versus EPS of $-0.25 in the year-earlier quarter.

Revenue: Rose 6.43% to $66.9 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Rambus Inc. reported adjusted EPS loss of $0.09 per share. By that measure, the company missed the mean analyst estimate of $-0.04. It missed the average revenue estimate of $67 million.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

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