Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 102.80

-4.6%

3:59 PM EDT

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From: Elroy	7/30/2024 9:27:33 AM
	of 93625

It's going to take someone more knowledgeable than me to explain why the share price is down on this news..... Rambus Reports Second Quarter 2024 Financial Results Delivered $56.7 million in product revenue, up 13% sequentially The Company also generated $70.4 million in cash provided by operating activities in the second quarter. They are guiding product revenue up about 15% sequentially. To me, that seems fantastic. Not sure what the market is expecting. The are guiding license billings up about 5% sequentially, and contract revenue about flat sequentially. It's hard to decipher these guys earnings releases as they have royalty revenue, license billings (whatever that is), product revenue (semi chips, I assume) and contract revenue (whatever that is).

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