Rambus Expects Q3 Licensing Billings Of $59M-$65M, Royalty Revenue Of $26M-$32M, Product Revenue Of $47M-$53M
Portfolio Pulse from Benzinga Newsdesk
Rambus Inc. has projected its Q3 licensing billings to be between $59M-$65M, royalty revenue to be between $26M-$32M, and product revenue to be between $47M-$53M.
July 31, 2023 | 9:38 pm
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Rambus Inc. has provided its Q3 revenue forecast, with licensing billings expected to be $59M-$65M, royalty revenue $26M-$32M, and product revenue $47M-$53M.
The news is directly about Rambus Inc.'s Q3 revenue forecast. While it provides important information about the company's expected financial performance, it does not indicate a clear positive or negative impact on the stock price in the short term without additional context such as comparison with previous quarters or market expectations.
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