Rambus Updates Second Quarter Guidance
SUNNYVALE, Calif. -- June 17, 2013
Rambus Inc. (Nasdaq:RMBS), the innovative technology solutions company, today
updated its revenue guidance for the quarter ending June 30, 2013, narrowing
the range to $56 million to $58 million from the initial range of $53 million
to $58 million. In addition, subsequent to the Hynix settlement announced last
week, the Company will be reversing a prior accrual included in operating
expenses, related to previously awarded costs of $8 million in litigation
About Rambus Inc.
Rambus is the innovative technology solutions company that brings invention to
market. Unleashing the intellectual power of our world-class engineers and
scientists in a collaborative and synergistic way, Rambus invents, licenses
and develops solutions that challenge and enable our customers to create the
future. While best known for creating unsurpassed semiconductor memory
architectures, Rambus is also developing world-changing products and services
in security, advanced LED lighting and displays, and immersive mobile media.
For additional information visit www.rambus.com.
Carolyn Robinson, 408-462-8717
Nicole Noutsios, 408-462-8050
Press spacebar to pause and continue. Press esc to stop.