Mark your calendars for Monday 28th October 2024, as Rambus (NASDAQ: RMBS) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
The latest projections from financial analysts on Wall Street suggest that the firm is likely to reveal an estimated $0.51 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $147.33 million for the period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $569.37 million. Additionally, they are expecting the company to report profit of $1.96 per share for the full year 2024.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.44. This figure was a result of the company's total revenue, which reached an impressive $105.3 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.46 | +48.4% | 137.29 M | +14.6% |
| Q1 2024 | $0.45 | +1,400.0% | 133.59 M | +17.4% |
| Q4 2023 | $0.47 | +235.7% | 136.00 M | +11.1% |
| Q3 2023 | $0.44 | +4,300.0% | 105.30 M | -6.2% |
| Q2 2023 | $0.31 | 0% | 119.83 M | -1.1% |
| *Growth on year-over-year basis | ||||
RMBS has scheduled a conference call on 28th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Rambus (RMBS) shares experienced a range of $41.40 to $42.09 on a day volume of 951.00 thousand shares. The stock closed Thursday's regular trading session at $42.04, reflecting a 1.55 percent upturn.
