Rambus Reports First Quarter 2024 Financial Results
Delivered solid Q1 results and expanded leadership offerings for the data center Completed $50.0 million accelerated share repurchase program Launched industry-leading family of DDR5 PMICs for AI and traditional servers SAN JOSE, Calif. – April 29, 2024 – 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, 2024. GAAP revenue for the first quarter was $117.9 million, licensing billings were $63.2 million, product revenue