Feeds

Rambus Q4 income drops 35 per cent

Despite record revenues

Top 5 reasons to deploy VMware with Tegile

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.