Company Profile For Rambus Inc.

Rambus Inc. (RMBS.O) (Nasdaq)

sector: Technology · industry: Semiconductors ·

As of 8:49pm IST

17.84USD

Price Change

-0.54

Percent Change

-2.94%

Analyst Recommendations

Overview

Rambus Inc. (Rambus) is engaged in designing, developing and licensing chip interface technologies and architectures. The chip interface technologies are designed for customers’ semiconductor and system products for computing, gaming and graphics, consumer electronics and mobile applications. Rambus also develops a range of solutions, including leadership and industry-standard chip interfaces that it provides to it’s customers under license for incorporation into their semiconductor and system products. In addition, to its leadership solutions, the Company offers industry-standard chip interface solutions, including DDRx (where the x is a number that represents a version). The Company’s customers include AMD, Fujitsu, Qimonda, Intel, NEC, Panasonic, Elpida, IBM, Sony, Renesas and Toshiba.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Rambus Inc.'s revenues decreased 22% to $82.2M. Net loss decreased 62% to $68.9M. Revenues reflect decreased royalties earned and lower contract revenues. Lower loss reflects lower operating loss, a decrease in cost of contract revenue, lower research & development expenses and the recovery of restatement & related legal activities vs. costs for the prior period.