Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (37572)	7/11/2002 10:17:06 PM
From: Johnny Canuck	Read Replies (2) \| Respond to of 68424

Rambus Sees Declining Profits Online staff -- 7/11/2002 Electronic News Reversing last quarter’s trend, Rambus Inc. today reported increasing revenue with decreasing profits. The company posted net income of $5.9 million, or 6 cents per share, for its fiscal Q3, ended June 30. This is an improvement on $3.7 million, or 4 cents per share, in the same quarter a year ago, but down from $6.7 million, or 7 cents per share, in the previous quarter. Revenue increased 2 percent from the previous year’s like-period and 1 percent from the previous quarter to $23.7 million. Royalties decreased sequentially for RDRAM memory and memory controllers, but increased for SDRAN and DDR. Total royalties for the quarter were $22.2 million, up 12 percent over the same period last year and up 2 percent from the previous quarter. Litigation costs actually increased to $2.4 million, up from $1.6 million in the prior quarter