Rambus Q2 2024 Adj. EPS $0.46 Beats $0.45 Estimate, Adj. Sales $137.289M Miss $138.900M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rambus (NASDAQ:RMBS) reported Q2 2024 adjusted EPS of $0.46, beating the estimate of $0.45. However, sales of $137.289 million missed the estimate of $138.900 million. Sales increased by 14.57% year-over-year.
July 29, 2024 | 8:54 pm
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Rambus reported Q2 2024 adjusted EPS of $0.46, beating the estimate of $0.45. However, sales of $137.289 million missed the estimate of $138.900 million. Sales increased by 14.57% year-over-year.
While Rambus beat EPS estimates, it missed sales estimates. The mixed results may lead to a neutral short-term impact on the stock price as investors weigh the positive EPS against the sales miss.
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