Rambus Inc. Q4 Income Climbs 24%

(RTTNews) - Rambus Inc. (RMBS) released a profit for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $20.65 million, or $0.18 per share. This was higher than $16.69 million, or $0.14 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 6.6% to $76.77 million. This was up from $72.04 million last year.

Rambus Inc. earnings at a glance:

-Earnings (Q4): $20.65 Mln. vs. $16.69 Mln. last year. -Earnings Growth (Y-o-Y): 23.7% -EPS (Q4): $0.18 vs. $0.14 last year. -EPS Growth (Y-o-Y): 28.6% -Revenue (Q4): $76.77 Mln vs. $72.04 Mln last year. -Revenue Change (Y-o-Y): 6.6%

-Guidance: Next quarter revenue guidance: $71 - $75 Mln Full year revenue guidance: $310 - $325 Mln