R A M B U S I N C R e p o r t s F o u r t h Q u a r t e r F i s c a l Y e a r 2 0 2 2 E a r n i n g s R e s u l t s f o r P e r i o d E n d i n g F e b r u a r y 6 2 0 2 3
March 6, 2023
Earnings report
RAMBUS INC ($NASDAQ:RMBS) reported their fourth quarter earnings results for the fiscal year 2022 on December 31 2022, with the period ending on February 6 2023. The total revenue for the quarter was USD 15.9 million, which was an increase of 161.5% compared to the same period in the previous year. Furthermore, the company’s net income was reported as USD 122.4 million, representing a 33.3% increase from the year before.
These results demonstrate RAMBUS INC’s financial stability and continued dedication to placing emphasis on its core services, as well as providing customers with successful and complete solutions in their respective markets. With a strong market position, and the latest financial results, RAMBUS INC is on track to continue its success and reach new heights in the fiscal year 2023.
Stock Price
RAMBUS INC reported its fourth quarter fiscal year 2022 earnings results for the period ending February 6th, 2023 on Monday. The stock opened at $43.1 and did not change throughout the day, closing at the same $43.1 and down by 1.1% from the prior closing price of 43.6. This marks the first quarterly earnings report of its fiscal year 2022, with no prior or current guidance provided. Investors will be closely watching how RAMBUS INC performs against the market expectations established by analysts. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Rambus Inc. More…
| Total Revenues | Net Income | Net Margin |
| 454.79 | -14.31 | 9.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Rambus Inc. More…
| Operations | Investing | Financing |
| 251.27 | -115.66 | -114.21 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Rambus Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.01k | 233.3 | 6.98 |
Key Ratios Snapshot
Some of the financial key ratios for Rambus Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 26.6% | -8.3% | -1.3% |
| FCF Margin | ROE | ROA |
| 50.4% | -0.5% | -0.4% |
Analysis
At GoodWhale, we believe in providing investors with comprehensive and reliable data and analysis to facilitate better judgement. We have recently conducted a fundamental analysis of RAMBUS INC. When considering any investment, it is important to understand the risk factors associated with it. Our risk rating analysis reveals that RAMBUS INC is a high risk investment in terms of financial and business aspects. Our analysis shows that RAMBUS INC has 3 risk warnings embedded in its income sheet, balance sheet and financial journal. To understand these risks in detail and make a wise decision, we suggest you register on goodwhale.com. Our team has used advanced algorithms to conduct extensive research into RAMBUS INC’s financial performance. We provide investors with the tools to assess their risk-return trade offs. We are confident that the analysis we have conducted will enable investors to make informed decisions about their investments. More…
Peers
Rambus Inc. is a leading developer of high-speed memory chips and interfaces. Its products are used in a variety of applications, including personal computers, servers, and mobile devices. The company competes with Goke Microelectronics Co Ltd, 3Peak Incorporated, and Suzhou Novosense Microelectronics Co Ltd in the development of high-speed memory chips and interfaces.
– Goke Microelectronics Co Ltd ($SZSE:300672)
Goke Microelectronics Co Ltd is a leading provider of semiconductor and display technologies. The company has a market cap of 11.04B as of 2022 and a return on equity of 12.85%. Goke Microelectronics Co Ltd is a leading provider of semiconductor and display technologies. The company develops and manufactures innovative semiconductor and display products for a wide range of applications. Goke Microelectronics Co Ltd’s products are used in a variety of electronic devices, including mobile phones, computers, TVs, and more.
– 3Peak Incorporated ($SHSE:688536)
Peak Incorporated is a leading provider of analytical instruments, software, and services for the global life sciences market. The company has a market cap of 30.14B and a ROE of 9.56%. Peak Incorporated provides a wide range of products and services to help scientists and researchers advance their scientific knowledge and improve human health. The company’s products are used in a variety of applications, including drug discovery, basic research, and clinical research.
– Suzhou Novosense Microelectronics Co Ltd ($SHSE:688052)
Suzhou Novosense Microelectronics Co Ltd is a Chinese company that designs, develops, manufactures, and sells microelectronic products and services. The company has a market cap of 30.12B as of 2022 and a return on equity of 6.73%. The company’s products include integrated circuits, sensors, and other electronic components. It also provides services such as design, development, and testing of microelectronic products.
Summary
Rambus Inc. reported its quarterly financial performance, which showed impressive growth across key metrics. Total revenue for the quarter came in at USD 15.9 million, increasing 161.5% year-over-year. Net income was USD 122.4 million, rising 33.3% year-over-year. These results demonstrate Rambus Inc.’s strong and steady growth, making it an attractive investment option for investors looking to capitalize on the company’s potential.
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