WASHINGTON (dpa-AFX) - Rambus Inc. (RMBS) reported earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $62.20 million, or $0.58 per share. This compares with $58.55 million, or $0.53 per share, last year.
Analysts on average had expected the company to earn $0.47 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 31.8% to $161.10 million from $122.23 million last year.
Rambus Inc. earnings at a glance (GAAP) :
-Earnings: $62.20 Mln. vs. $58.55 Mln. last year. -EPS: $0.58 vs. $0.53 last year. -Revenue: $161.10 Mln vs. $122.23 Mln last year.
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