Rambus: Q2 Earnings Snapshot

August 1, 2022 GMT

SAN JOSE, Calif. (AP) _ Rambus Inc. (RMBS) on Monday reported net income of $35 million in its second quarter.

The San Jose, California-based company said it had net income of 31 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 43 cents per share.

The memory chip designer posted revenue of $121.1 million in the period. Its adjusted revenue was $139.2 million.

For the current quarter ending in October, Rambus said it expects revenue in the range of $132 million to $150 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMBS at https://www.zacks.com/ap/RMBS