SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Rambus Inc. (RMBS) on Monday reported earnings of $74.6 million in its third quarter.
On a per-share basis, the San Jose, California-based company said it had profit of 69 cents. Earnings, adjusted for one-time gains and costs, came to 84 cents per share.
The memory chip designer posted revenue of $218.3 million in the period.
For the current quarter ending in December, Rambus expects its per-share earnings to range from 84 cents to 92 cents.
The company said it expects revenue in the range of $227 million to $233 million for the fiscal fourth quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMBS at https://www.zacks.com/ap/RMBS
