Feeds

Rambus Q4 income drops 35 per cent

Despite record revenues

Boost IT visibility and business value

Rambus posted mixed Q4 FY2005 results yesterday, with a large year-on-year income gain accompanying a big sequential slide.

Net income for the three months to 31 December 2005 came to $9.4m, down 35 per cent on the previous quarter but up 45 per cent year on year. Fully diluted earnings for the fourth quarter were nine cents, compared to six cents in Q4 FY2004 and 14 cents in the previous quarter.

Sales for the period totalled $41.6m, up 16 per cent from Q3's $36m and up eight per cent on Q4 FY2004's $38.6m.

The Q4 figures include $6.9m in contract revenues, Rambus said, up 14.3 per cent over the same period last year and down 13.5 per cent sequentially. The decrease arose from the timing of deliverables under certain memory and serial link technology development contracts, the company said. A 23.7 per cent sequential increase in royalty revenues - to $34.7m - was primarily due to Infineon's first quarterly royalty payment of $5.9m under the licensing agreement that ended the two firms' bitter legal battle in March 2005.

For the full fiscal year, Rambus reported net income of $33.7m - barely higher than 2004's $33.6m - on revenues of $157m, up eight per cent on the $157m the company reported this time last year. ®

Maximizing your infrastructure through virtualization

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.