Rambus Reports First Quarter 2022 Financial Results
Exceeded Q1 guidance for revenue Delivered record quarterly product revenue of $48.0 million driven by memory interface chips Strengthened balance sheet by retiring debt and generating $42.6 million in cash from operations SAN JOSE, Calif. – May 2, 2022– 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, 2022. GAAP revenue for the first quarter was $99.0 million, licensing billings were $64.1 million,
