Rambus Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 01, 2022 at 04:05 pm EDT
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Rambus Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 121.13 million compared to USD 84.86 million a year ago. Net income was USD 35.02 million compared to USD 11.17 million a year ago. Basic earnings per share from continuing operations was USD 0.32 compared to USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.31 compared to USD 0.1 a year ago.
For the six months, revenue was USD 220.18 million compared to USD 155.24 million a year ago. Net loss was USD 31.2 million compared to net income of USD 8.55 million a year ago. Basic loss per share from continuing operations was USD 0.28 compared to basic earnings per share from continuing operations of USD 0.08 a year ago. Diluted loss per share from continuing operations was USD 0.28 compared to diluted earnings per share from continuing operations of USD 0.07 a year ago.
Rambus Inc. is a provider of chips, silicon intellectual property (IP) and innovations that address the fundamental challenges of accelerating data and enabling critical performance improvements for data center and other growing markets. It offers a balanced and diverse portfolio of solutions across chips, silicon IP and patent licensing. Its Rambus Double Data Rate (DDR) memory interface chips for server memory modules enable increased bandwidth and expanded capacity in enterprise and cloud servers. Its portfolio includes DDR5 and DDR4 memory interface chipsets. Its DDR5 chipset solution includes the Registering Clock Driver (RCD), Serial Presence Detect Hubs (SPD Hub) and Temperature Sensors (TS). Rambus Silicon IP includes interface and security IP solutions that move and protect data in advanced data center, government and automotive applications. It sells memory interface chips directly and indirectly to memory module manufacturers and original equipment manufacturers (OEMs).
RAMBUS INC. 
