SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Rambus Inc. (RMBS) on Monday reported net income of $63.8 million in its fourth quarter.
On a per-share basis, the San Jose, California-based company said it had profit of 58 cents. Earnings, adjusted for one-time gains and costs, were 68 cents per share.
The memory chip designer posted revenue of $190.2 million in the period. Its adjusted revenue was $190.1 million.
For the year, the company reported profit of $230.5 million, or $2.11 per share. Revenue was reported as $705.6 million.
Rambus expects full-year revenue in the range of $171 million to $189 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMBS at https://www.zacks.com/ap/RMBS