Rambus Updates Second Quarter Guidance
June 11 2014 - 7:00AM
Business Wire
Rambus Inc. (NASDAQ:RMBS), the innovative technology solutions
company that brings invention to market, today updated its revenue
guidance for the second quarter of 2014 to be between $75 million
and $77 million, up from the initial range of $69 million to $74
million. There was no change to its guidance of pro forma operating
costs and expenses. For the full year 2014, the Company reiterated
its revenue guidance to be between $295 million and $305
million.
About Rambus Inc.
Rambus brings invention to market. Our customizable IP cores,
architecture licenses, tools, services, and training improve the
competitive advantage of our customers’ products while accelerating
their time-to-market. Rambus products and innovations capture,
secure and move data. For more information, visit rambus.com.
Forward-Looking Statements
Achievement of projected revenue is not without risk and
includes numerous assumptions and expectations, including that the
Company will sign new customers for both patented innovations and
technology solutions. The above statements referring to plans and
expectations for the second quarter and the year and the future are
forward-looking statements that involve a number of risks and
uncertainties. Words such as “anticipates,” “expects,” “intends,”
“plans,” “believes,” “seeks,” “estimates,” “may,” “will,” “should”
and their variations identify forward-looking statements.
Statements that refer to or are based on projections, uncertain
events or assumptions also identify forward-looking statements.
Many factors, more fully described in the Company’s periodic
reports filed with the Securities and Exchange Commission, could
affect the Company’s actual results, and variances from the
Company’s current expectations regarding such factors could cause
actual results to differ materially from those expressed in these
forward-looking statements. The Company undertakes no obligation to
update forward-looking statements to reflect events or
circumstances after the date of this press release.
RMBSTN
Rambus Inc.Carolyn Robinson, 408-462-8717Corporate
Communicationscrobinson@rambus.comNicole Noutsios,
408-462-8050Investor Relationsnnoutsios@rambus.com
Rambus (NASDAQ:RMBS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Rambus (NASDAQ:RMBS)
Historical Stock Chart
From Sep 2023 to Sep 2024