Feeds

Rambus posts mixed Q1 results

Sales up, expenses too

The essential guide to IT transformation

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. ®

Boost IT visibility and business value

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
Apple's iWatch? They cannae do it ... they don't have the POWER
Analyst predicts fanbois will have to wait until next year
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'
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Apple to build WORLD'S BIGGEST iStore in Dubai
It's not the size of your shiny-shiny...
Just in case? Unverified 'supersize me' iPhone 6 pics in sneak leak peek
Is bigger necessarily better for the fruity firm's flagship phone?
Steve Jobs had BETTER BALLS than Atari, says Apple mouse designer
Xerox? Pff, not even in the same league as His Jobsiness
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.
5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
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?