04:25 PM EDT, 04/29/2024 (MT Newswires) -- Rambus ( RMBS ) reported Q1 earnings late Monday of $0.30 per diluted share, up from $0.03 per share a year earlier.

One analyst polled by Capital IQ expected EPS of $0.50.

Revenue for the quarter ended March 31 rose to $117.9 million from $113.8 million a year earlier.

Four analysts surveyed by Capital IQ expected $135.9 million.

Shares of Rambus ( RMBS ) were down 0.7% in after-hours activity.

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