Tag Archives: rmbs

Rambus Says Banner Year Unlikely, Chip Faulty

Rambus (RMBS) stock plunged to a one-year low Tuesday as the company said a chip fault “stalled” a large Q3 security deal, and the Sunnyvale, Calif., memory chipmaker lowered its Q4 and 2015 outlook. Late Monday, Rambus reported 14 cents earnings per share ex items for Q3, on $73.8 million in revenue, up 6% and 8% vs. the year-earlier quarter. But both measures missed, as analysts expected 15 cents and $76.2 million. For Q4 and 2015, Ramus sees

Rambus CEO Gets Chip Designer Back In High Gear

When Ron Black joined Rambus as president and chief executive in June 2012, the company’s earnings and revenue were falling, and the next month, Rambus stock would touch a 10-year low below 4. Black’s task: refocus Rambus (RMBS). The company, which licenses its designs for memory and application-specific chips, began working more closely with customers after ending long-running patent feuds with chip companies, including SK Hynix and Micron