-=Rambus Inc. (RMBS) reported earnings on Mon 5 Feb 24 (a/h)

 

Rambus beats by $0.08, misses on revs, sees Q1 royalty revenue of $43-$49 mln and product revenue of $47-$53 mln 

• Reports Q4 (Dec) earnings of $0.53 per share, excluding non-recurring items, $0.08 better than the FactSet Consensus of $0.45; revenues fell 0.2% year/year to $122.2 mln vs the $134 mln FactSet Consensus.
• Q1 Guidance: For the first quarter of 2024, the company expects licensing billings to be between $59 million and $65 million. The Company also expects royalty revenue to be between $43 million and $49 million, product revenue to be between $47 million and $53 million and contract and other revenue to be between $17 million and $23 million. The company also expects operating costs and expenses to be between $89 million and $85 million.

Earnings this week : Feb 5 - 9, 24 (wk 6)

Monday (Feb 5)

• Morning: AMG APD ALGT CAT CNA EL IDXX MCD NSSC ON SPHR TKR TSN
• Afternoon: ACM AMKR BRBR CBT CHX CHGG COHR CCK FN FMC GBDC HI JJSF KFRC KRC NXPI PLTR  RMBS SPG SSD SKY SYM VRNS VRTX

Tuesday (Feb 6)

• Morning: AGCO AME ARMK ARCB ATHM BP CARR CNC CRNC CHKP CTS CMI DCPH DD LLY ENR FSV FI ULCC IT GEHC HLNE HTZ HIMX INGR J KKR LEA LIN MSGS NJR NVT PJT PDS PINC SCSC ST SPR SPOT TW VVV WAT WFRD WTW XYL
• Afternoon: ATEN AEIS AB AOSL DOX AFG AMGN ARWR AZPN AIZ ATO AZEK CSL CMG CINF CRUS CNO CTSH DHT DIOD DEI ELF EW ENPH EQH ESS EXEL F FTNT FRSH GILD HRB HIW ICHR IEX INSP INTA JKHY KD LUMN MRCY MSTR MODN NBR OI OMC PRU QGEN REXR SIMO SNAP SONO TENB UDR VFC VREX VLTO VSAT VOYA WERN WU YUMC ZWS

Wednesday (Feb 7)

• Morning: ADNT BABA ARCC BERY BG CG CDW CRTO CVS DAY EPC EMR EEFT FOXA GPRE GFF HAIN HLT KMT MAC MSGE MCFT NBIX NYT OMF PAG PFGC PERI RDWR REYN RITM RBLX SMG SLAB TGI TTMI VSH XPO YUM
• Afternoon: ALL ARM ASGN ACLS AZTA BKH CFLT CPA CXW COTY CUZ CSGS EGP EHC ENS NVST EFX EG FAF FR FLT FLNC FORM GL GPRO HMN KN MAT MMS MCK MAA MKSI MC MOH MPWR MUSA NFG NTGR NWSA ORLY OHI OSCR PAYC PYCR PYPL PDM QNST RDN RPD RRR RRX STE STC SU TTGT UBER VKTX DIS WYNN

Thursday (Feb 8)

• Morning: WMS APO MT ARES ARW ABG AZN AXTA BAX BCE BDC BTU BWA CIGI COP CYBR DTE DUK DT GTES HAE HOG HSY NSP ICE IPG ITT K KVUE KIM LSPD LNC LITE MAS MDU NNN PATK PM PBH RL RBC RXO SPGI SNA SWI SPB SAVE TROW TPX TPR THC TDG UAA WMG WEX ZBH
• Afternoon: AFRM ATR BAP BILL BYD CDP CLSK CPRI DOCS DXCM ESE EXPE FE FLO G ILMN LEG MHK MSI MTD MWA NET OMCL ONTO OWL PCTY PEAK PECO PI PINS POWI PRO RAMP REG SPSC STEP SYNA TEX TFII TTWO VRSN

Friday (Feb 9)

• Morning: AMCX CTLT ROAD EMBC ESNT MGA COOP NWL PEP PAA PRLB SXT WPC

-=Rambus Inc. (RMBS) reported earnings on Mon 7 May 2018 (a/h)

SUNNYVALE, Calif. (AP) _ Rambus Inc. (RMBS) on Monday reported a first-quarter loss of $38.9 million, after reporting a profit in the same period a year earlier.

The Sunnyvale, California-based company said it had a loss of 36 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 21 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 21 cents per share.

The memory chip designer posted revenue of $46.4 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $97 million.

For the current quarter ending in July, Rambus expects its per-share earnings to range from 17 cents to 23 cents.

The company said it expects revenue in the range of $42 million to $48 million for the fiscal second quarter.

Rambus shares have dropped almost 1 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $14.13, a climb of 13 percent in the last 12 months.

=Rambus (RMBS) reported earnings on Mon 29 Jan 2018 (a/h)

Rambus reports EPS in-line, revs in-line; guides Q1 EPS in-line, revs below consensus 

• Reports Q4 (Dec) earnings of $0.19 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.19; revenues rose 4.4% year/year to $101.89 mln vs the $101.25 mln Capital IQ Consensus.
• Co issues guidancefor Q1, sees EPS of $0.17-0.23, excluding non-recurring items, vs. $0.18 Capital IQ Consensus Estimate; sees Q1 revs of $94-100 mln vs. $100.38 mln Capital IQ Consensus Estimate [ASC 605]
  • Effective January 1, 2018, the Company adopted Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers in Accounting Standards Codification Topic 606, which supersedes the revenue recognition requirements in ASC Topic 605, Revenue Recognition. The Company expects the adoption of ASC 606 to materially impact the timing of revenue recognition for its fixed-fee intellectual property licensing arrangements. The Company does not expect the adoption of ASC 606 to have a material impact on its other revenue streams, cashflow from operations, or the underlying financial position of the Company. 

=Rambus (RMBS) reported earnings on Mon 24 Oct 2016 (a/h)

Rambus beats by $0.03, beats on revs; guides Q4 EPS in-line, revs in-line  :

• Reports Q3 (Sep) earnings of $0.16 per share, excluding non-recurring items,$0.03 better than the Capital IQ Consensus of $0.13; revenues rose 21.8% year/year to $89.9 mln vs the $86.6 mln Capital IQ Consensus.
  • As compared to the third quarter of 2015, revenue was up 22% primarily due to higher revenue from sales of memory products and security technology development projects, including revenue from the various acquisitions during the year.
• Co issues in-line guidance for Q4, sees EPS of $0.14-0.18, excluding non-recurring items, vs. $0.15 Capital IQ Consensus Estimate; sees Q4 revs of $94-98 mln vs. $94.44 mln Capital IQ Consensus Estimate.

=Rambus (RMBS) reported 4Q earnings on Mon 25 Jan 2016 (before open)

** charts before earnings **



** charts after earnings **

Rambus beats by $0.03, beats on revs; guides Q1 revs in-line, FY16 rev above estimates, which likely includes Smart Card Software, acquired for GBP 64.7 mln in cash :

• Reports Q4 (Dec) earnings of $0.18 per share, excluding non-recurring items,$0.03 better than the Capital IQ Consensus of $0.15; revenues rose 6.7% year/year to $76.8 mln vs the $73.72 mln Capital IQ Consensus, primarily due to higher royalty revenue from SK hynix, IBM and the renewal of our patent license agreement with Toshiba in the fourth quarter of 2015 as well as higher contract revenue, offset by lower royalty revenue from Renesas and STMicroelectronics.
• Co issues in-line guidance for Q1, sees Q1 revs of $71-75 mln vs. $73.23 mln Capital IQ Consensus Estimate.
• Co issues guidance for FY16, sees FY16 revs of $310-325 mln (including Smart Card Software and may not compare to) $293.99 mln Capital IQ Consensus.  
• Co has acquired Smart Card Software Ltd which includes Bell Identification Ltd (Bell ID) and Ecebs Ltd (Ecebs) through the purchase of all outstanding shares of Smart Card Software Ltd., for 64.7M in cash. As part of this acquisition, the advanced mobile payment platform developed by Bell ID, along with the smart ticketing platform created by Ecebs, will be incorporated into the Rambus Cryptography Research Division. Rambus expects the acquisition to be accretive to pro forma earnings within the first twelve months.