Rambus Q3 2023 EPS $0.93 May Not Compare To $0.41 Estimate, Revenue $105.3M Misses $124.6M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rambus has reported its Q3 2023 earnings per share (EPS) at $0.93, which may not compare favorably to the $0.41 estimate. The company's revenue of $105.3M also missed the estimate of $124.6M.
October 30, 2023 | 8:20 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Rambus' Q3 2023 earnings and revenue missed estimates, which could negatively impact its stock price in the short term.
Rambus' earnings per share and revenue for Q3 2023 both missed estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100