Rambus Inc. (RMBS) reports earnings, shares move lower

NASDAQ: RMBS | Rambus, Inc. News, Ratings, and Charts

RMBS – Rambus Inc. RMBS, -5.67% shares dove as much as 12% in after-hours trading Monday.

Rambus Inc. RMBS, -0.59% shares dove as much as 12% in after-hours trading Monday after the semiconductor company reported first-quarter losses. Rambus reported a net loss of $26.6 million, or 24 cents a share, on revenue of $48.4 million, up from $46.4 million a year ago. After adjusting for stock-based compensation and other effects, the company reported a loss of 8 cents a share, an improvement from an adjusted loss of 10 cents a share a year ago. After closing with a 0.6% decline at $11.82, shares dropped 6% to 12% in after-hours trading following the announcement.


Rambus Inc. shares fell $0.42 (-3.55%) in after-hours trading Monday. Year-to-date, RMBS has gained 54.11%, versus a 16.66% rise in the benchmark S&P 500 index during the same period.

RMBS currently has a StockNews.com POWR Rating of B (Buy), and is ranked #43 of 90 stocks in the Semiconductor & Wireless Chip category.


This article is brought to you courtesy of MarketWatch.

9 "Must Own" Growth Stocks For 2019

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

Top Stories on StockNews.com

NYSE: DIS | Walt Disney Company (The) Common Stock News, Ratings, and Charts

Disney's (DIS) new live-action film, Aladdin, expected to make $80 million this weekend

The live-action “Aladdin” film starring Will Smith is expected to lead the box office over the Memorial Day holiday weekend.
NYSE: SQ | Square, Inc. Class A Common Stock News, Ratings, and Charts

Is Square (SQ) stock a good buy at this price level?

SQ stock now trades for just $65.
NYSE: F | Ford Motor Company Common Stock News, Ratings, and Charts

Is it possible Ford (F) would buy Tesla (TSLA)

Making a deal work would be a challenge.
NASDAQ: CVCO | Cavco Industries, Inc. News, Ratings, and Charts

Best & Worst Performing Stock Industries for May 24, 2019

Led by ticker CVCO, "Homebuilders" was our best performing stock industry of the day, with a 2.60% gain.
NYSE: EMES | Emerge Energy Services LP Common Units representing Limited Partner Interests News, Ratings, and Charts

Best & Worst Performing Small Cap Stocks for May 24, 2019

EMES leads the way today as the best performing small cap stock, closing up 76.47%.

Read More Stories


More Rambus, Inc. (RMBS) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All RMBS News
Page generated in 0.9994 seconds.