Feeds

Rambus posts mixed Q1 results

Sales up, expenses too

Gartner critical capabilities for enterprise endpoint backup

Rambus saw is first-quarter income slide despite a year-on-year jump in sales, the memory technology developer announced last night. Revenues for the three months to 31 March 2006 reached $47.2m, up 36 per cent on Q1 FY2005's $34.7m and up 13.5 per cent on the previous quarter's $41.6m.

However, income dropped sequentially, from $9.4m (nine cents a share) to $1.8m (two cents a share). This time last year, Rambus posted earnings of $4.4m (four cents a share).

Rambus experienced a big jump in operating expenses, from $34.m in the previous quarter to $47.7m in Q1 FY2006, thanks to higher spending on general costs and marketing, and on R&D. The company said the revenue rise was the result of royalties accrued from licensing agreements signed with AMD and Fujitsu in Q4 FY2005 and Q1 FY2006, respectively. However, its contract revenues were down sequentially and year on year, even as the cost of winning those sales rose.

Rambus said it quit the quarter with $390.7m in cash and equivalents, up $35.3m during the three-month period. ®

Next gen security for virtualised datacentres

More from The Register

next story
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
Reg man looks through a Glass, darkly: Google's toy ploy or killer tech specs?
Tip: Put the shades on and you'll look less of a spanner
Apple promises to lift Curse of the Drained iPhone 5 Battery
Have you tried turning it off and...? Never mind, here's a replacement
Now that's FIRE WIRE: HP recalls 6 MILLION burn-risk laptop cables
Right in the middle of Burning Mains Man week
Apple's iWatch? They cannae do it ... they don't have the POWER
Analyst predicts fanbois will have to wait until next year
HUGE iPAD? Maybe. HUGE ADVERTS? That's for SURE
Noo! Hand not big enough! Don't look at meee!
Samsung Gear S: Quick, LAUNCH IT – before Apple straps on iWatch
Full specs for wrist-mounted device here ... but who'll buy it?
AMD unveils 'single purpose' graphics card for PC gamers and NO ONE else
Chip maker claims the Radeon R9 285 is 'best in its class'
One step closer to ROBOT BUTLERS: Dyson flashes vid of VACUUM SUCKER bot
Latest cleaner available for world+dog in September
prev story

Whitepapers

Best practices for enterprise data
Discussing how technology providers have innovated in order to solve new challenges, creating a new framework for enterprise data.
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.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
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.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?