Rambus Sees Q4 Sales $148.000M-166.000M vs $160.07M Est
Portfolio Pulse from Benzinga Newsdesk
Rambus (NASDAQ:RMBS) projects Q4 sales between $148 million and $166 million, compared to the $160.07 million estimate.
October 28, 2024 | 8:12 pm
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NEGATIVE IMPACT
Rambus projects Q4 sales between $148 million and $166 million, which is slightly below the market estimate of $160.07 million. This could indicate potential challenges in meeting market expectations.
The projected sales range is slightly below the market estimate, which may lead to a negative short-term reaction from investors as it suggests potential challenges in meeting expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100