Rambus misses by $0.01, misses on revs; guides Q4 revs below consensus
Reports Q3 (Sep) earnings of $0.14 per share, $0.01 worse than the Capital IQ Consensus of $0.15; revenues rose 5.9% year/year to $73.8 mln vs the $76.21 mln Capital IQ Consensus.
Co issues downside guidance for Q4, sees Q4 revs of $71-77 mln vs. $83.50 mln Capital IQ Consensus Estimate. Achieving revenue in this range will require that the Company sign new customer agreements for patent and solutions licensing among other matters.