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Technology Stocks : Semi Equipment Analysis
SOXX 296.26-3.9%Nov 4 4:00 PM EST

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To: Return to Sender who wrote (91638)2/5/2024 5:13:08 PM
From: Return to Sender  Read Replies (1) of 95358
 
Rambus beats by $0.08, misses on revs, sees Q1 royalty revenue of $43-$49 mln and product revenue of $47-$53 mln

4:08 PM ET 2/5/24 | Briefing.com

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.
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