Recap: Rambus Q4 Earnings - Rambus (NASDAQ:RMBS)

Rambus RMBS reported its Q4 earnings results on Monday, February 5, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Rambus beat estimated earnings by 17.78%, reporting an EPS of $0.53 versus an estimate of $0.45.

Revenue was down $142 thousand from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 9.49% increase in the share price the next day.

Here's a look at Rambus's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.41	0.39	0.42	0.45
EPS Actual	0.44	0.31	0.03	0.14
Revenue Estimate	124.60M	137.98M	146.00M	151.94M
Revenue Actual	105.30M	119.83M	113.76M	122.37M

To track all earnings releases for Rambus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.