04:34 PM EDT, 07/29/2024 (MT Newswires) -- Rambus ( RMBS ) reported Q2 diluted earnings late Monday of $0.33 per share, down from $1.51 a year earlier.

Three analysts polled by Capital IQ expected $0.32.

Revenue for the quarter ended June 30 was $132.1 million, up from $119.8 million a year earlier.

Three analysts polled by Capital IQ expected $139 million.

Shares of the company fell 6.2% in recent after-hours activity.

Price: 52.39, Change: -3.44, Percent Change: -6.16