Feeds

Rambus reports record revenue

But 'challenge' to forecast future

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Rambus last night reported net income of $5.4m (five cents a share) on sales of $40m for the three months to 30 June 2005.

The memory technology developer and serial litigator's second quarter revenues were up one percentage point sequentially and up 14 per cent over the year ago quarter's total. Rambus heralded the figure as a quarterly revenue record-breaker, the second in succession.

New contracts contributed $5.4m to the $40m revenue, down 18 per cent on the previous quarter although one percentage point up on Q2 FY2004. The reason for the decline: fewer new deals for the company's XDR memory and FlexIO technologies now that the initial big deals with companies developing products around the Cell processor come to a conclusion, Rambus said.

Royalty revenues were up 17 per cent year on year and five per cent sequentially, the gains coming from growing SDRAM and DDR royalty payments, the company added.

The quarter's net income was up 22.7 per cent sequentially, but down 34.9 per cent year on year.

Rambus spent $34.4m in costs and expenses during the quarter, up from $24.4m in Q2 FY2004. More than half of that increase - $5.2m - arose from the company's legal activity, already a big cost centre. During the quarter, Rambus launched legal proceedings against Samsung, alleging its XDR licensing partner had separately infringed dozens of patents it holds that it maintains are central to the way DDR 2 memory devices operate.

Rambus did not provide guidance for Q3 or Q4's sales and earnings, stating that "the second half of the year is a challenge to forecast given the number of patent license agreements and renewals we are currently negotiating". ®

Related stories

Rambus unveils 8GHz XDR 2
IBM licenses Rambus XDR interface
Rambus counter sues Samsung
Samsung countersues Rambus
Rambus sues Samsung
Rambus calls on co-founder to forecast future
FTC claims Rambus spoiled antitrust evidence

Intelligent flash storage arrays

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
prev story

Whitepapers

Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Managing SSL certificates with ease
The lack of operational efficiencies and compliance pitfalls associated with poor SSL certificate management, and how the right SSL certificate management tool can help.