Rambus Reports Third Quarter 2022 Financial Results
Exceeded guidance for Q3 revenue and earnings Delivered record quarterly product revenue driven by memory interface chips Generated $80 million in cash from operations Initiated $100 million accelerated share repurchase program SAN JOSE, Calif. – October 31, 2022– Rambus Inc. (NASDAQ:RMBS), a provider of industry-leading chips and IP making data faster and safer, today reported financial results for the third quarter ended September 30, 2022. GAAP revenue for the third quarter was $112.2 million, licensing billings were $62.2 million, product revenue was