Rambus Expects Q3 Licensing Billings Of $60M - $66M, Product Revenue Of $62M - $68M, Contract And Other Revenue Of $17M - $23M
Portfolio Pulse from Benzinga Newsdesk
Rambus expects Q3 licensing billings of $60M - $66M, product revenue of $62M - $68M, and contract and other revenue of $17M - $23M. The company will discuss its full revenue guidance for Q3 2024 during its upcoming conference call.
July 29, 2024 | 9:07 pm
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Rambus has provided preliminary revenue expectations for Q3 2024, indicating strong performance across licensing, product, and contract revenues. Full guidance will be discussed in an upcoming call.
The preliminary revenue expectations suggest a positive outlook for Rambus, which could boost investor confidence and drive the stock price up in the short term. The upcoming conference call will provide further details, potentially reinforcing this positive sentiment.
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IMPORTANCE 80
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