Rambus, Inc. (RMBS) stock prices updated...

Rambus, Inc. stock price

Rambus, Inc. latest news:

  • 10/23/2017 14:39:24

    Rambus shares wobble after hours following earnings beat

    Rambus Inc. shares traded between slight gains and losses in the extended session Monday after the chip maker's results topped Wall Street estimates. Rambus shares, which traded up as much as 3% and down as much as 3%, were last up 0.8% at $13.86 after hours. The company reported third-quarter net income of $7.7 million, or 7 cents a share, compared to $4.5 million, or 4 cents a share, in the year-ago period. Adjusted earnings were 19 cents a share. Revenue rose to $99.1 million from $89.9 million in the year-ago period. Analysts surveyed by FactSet had estimated 17 cents a share on revenue of $99 million. For the fourth quarter, Rambus estimates earnings of 16 cents to 22 cents a share on revenue of $98 million to $104 million. Analysts expect earnings of 17 cents a share on revenue of $100.5 million.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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