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  1. phil
    April 22nd, 2014 at 6:56 am

    Rambus -6.1% AH on soft Q2 guidance

    Yesterday, 05:21 PM ET · RMBS

    • Though Rambus (RMBS) beat Q1 estimates, it’s guiding for Q2 revenue of $69M-$74M, below a $74.5M consensus.
    • Recent licensing deals with Micron and Nanya helped Q1 revenue beat estimates. While revenue rose 17% Y/Y, opex fell 16% to $55.1M, in part due to lower legal expenses.
    • Rambus ended Q1 with $403.4M in cash/investments, up $15.7M Q/Q. The company has $280M worth of convertible notes on its balance sheet.
    • Q1 results, PR
    var isMC=true; var adSize=’320×50′; var ord = Math.floor(Math.random()*10e12); var seekingalpha_ad_src=’http://ad.doubleclick.net/N6001/adj/sek.mobile/app;sz=320×50,320×250;x=x;tile=1;d=mobile;t=app;mcid=true;mcid=1683643;s=RMBS;’+dart_my_vocation_and_profiles()+’ord=’+ord+’;dev=ip?’; document.write(”);



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