Rambus Inc reports results for the quarter ended December 31 - Earnings Summary

Rambus

04/02/2025 19:03

* Rambus Inc  RMBS.OQ  reported quarterly adjusted earnings
of 56
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 47
cents.  The mean expectation of six analysts for the quarter was
for earnings of 58 cents per share. Wall Street expected
results to range from 56 cents to 58 cents per share.
    * Revenue rose 18.5% to $161.10 million from a year ago;
analysts
expected $158.47 million. 
    * Rambus Inc's reported EPS for the quarter was 58 cents​.
    * The company reported quarterly net income of $62.2
million.
    * Rambus Inc shares had risen by 14.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
semiconductors peer
group is also "buy"

Wall Street's median 12-month price target for Rambus Inc is
$70.00 
This summary was machine generated from LSEG data February 4 at
07:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.58           0.56           Missed
 Sep. 30 2024      0.51           0.51           Met
 Jun. 30 2024      0.45           0.42           Missed
 Mar. 31 2024      0.44           0.37           Missed