Rambus (NASDAQ:RMBS – Get Free Report) is scheduled to be releasing its earnings data after the market closes on Monday, October 28th. Analysts expect Rambus to post earnings of $0.50 per share for the quarter. Rambus has set its Q3 2024 guidance at EPS.Investors interested in registering for the company’s conference call can do so using this link.
Rambus (NASDAQ:RMBS – Get Free Report) last announced its quarterly earnings data on Monday, July 29th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.12). Rambus had a net margin of 48.31% and a return on equity of 16.74%. The business had revenue of $132.10 million during the quarter, compared to analyst estimates of $139.00 million. During the same quarter in the prior year, the company posted $0.36 EPS. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. On average, analysts expect Rambus to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Rambus Stock Performance
Shares of Rambus stock opened at $43.50 on Friday. The firm has a market cap of $4.68 billion, a P/E ratio of 20.81 and a beta of 1.19. The firm’s 50-day simple moving average is $41.89 and its 200-day simple moving average is $51.02. Rambus has a twelve month low of $37.42 and a twelve month high of $76.38.
Wall Street Analyst Weigh In
Read Our Latest Analysis on Rambus
Rambus Company Profile
Rambus Inc provides semiconductor products in the United States, South Korea, Singapore, and internationally. The company offers DDR memory interface chips, including DDR5 and DDR4 memory interface chips to module manufacturers, OEMs, and hyperscalers; silicon IP, such as interface and security IP solutions that move and protect data in advanced data center, government, and automotive applications; and interface IP solutions for high-speed memory and chip-to-chip digital controller IP.
Further Reading
- Five stocks we like better than Rambus
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- EV Stocks and How to Profit from Them
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Airline Stocks – Top Airline Stocks to Buy Now
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for Rambus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rambus and related companies with MarketBeat.com's FREE daily email newsletter.