SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Rambus Inc. (RMBS) on Monday reported net income of $57.9 million in its second quarter.
The San Jose, California-based company said it had profit of 53 cents per share. Earnings, adjusted for one-time gains and costs, were 60 cents per share.
The memory chip designer posted revenue of $172.2 million in the period. Its adjusted revenue was $170 million.
Rambus expects full-year revenue in the range of $167 million to $185 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMBS at https://www.zacks.com/ap/RMBS
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