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Rambus Reports First Quarter 2025 Financial Results

AmandaK

Administrator
Staff member
April 28, 2025
  • - Exceeded guidance for Q1 revenue and earnings
  • - Delivered record quarterly product revenue of $76.3 million, up 52% year over year
  • - Generated outstanding quarterly cash from operations of $77.4 million
SAN JOSE, Calif.--(BUSINESS WIRE)-- Rambus Inc. (NASDAQ:RMBS), a provider of industry-leading chips and IP making data faster and safer, today reported financial results for the first quarter ended March 31, 2025. GAAP revenue for the first quarter was $166.7 million, licensing billings were $73.3 million, product revenue was $76.3 million, and contract and other revenue was $16.4 million. The Company also generated $77.4 million in cash provided by operating activities in the first quarter.

“We had an excellent start to 2025, beating revenue and earnings expectations for Q1 with very strong cash from operations and record product revenue from memory interface chips,” said Luc Seraphin, chief executive officer of Rambus. “Through our ongoing strategic execution and robust business model, we continued our market leadership in core DDR5 chip products and progress in new products, positioning us well to deliver long-term growth and continued value to stockholders.”

Read Full Press Release Here
 
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